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
- Economic impact of iron and steel industry of Ukraine 2021-2022
- Synergy Tradeco announces participation at the Made in Steel 2023 steel fair
- Voestalpine upgrades PSI quality control system
- Italian crude steel output continues to decline
- Ukraine increases scrap purchases, exports surge
- Dunaferr restarts hot strip mill
- HRC producers in Europe maintain high offers despite subdued activity
- Hungary’s flat steel producer Dunaferr restarts hot strip mill