MEPs: Put a carbon price on certain EU imports to raise global climate ambition
Published: 10 Mar 2021
To raise global climate ambition and prevent ‘carbon leakage’, the EU must place a carbon price on certain imports from less climate-ambitious countries, say MEPs. On Wednesday, Parliament adopted a resolution on a WTO-compatible EU carbon border adjustment mechanism (CBAM) with 444 votes for, 70 against and 181 abstentions. The resolution underlines that the EU’s
Posted in Latest Updates Tagged Carbon Border, carbon leakage, CBAM, decarbonise, Emissions Trading System, ETS, Green Deal Read more...
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Latest News
- Klöckner’s largest shareholder secures 30%
- Benteler secures low-carbon steel from thyssenkrupp
- Zaporizhstal eyes output increase with blast furnace restart
- Union criticises UK budget lack of steel support
- Polish construction grows faster than expected, housing disappoints
- German steel production falls again in February 2023 for 12th month of decline, WV Stahl says
- EU new car sales up again in February, ACEA says
- German distributors’ steel product sales, stocks decline on year in Feb: BDS