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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