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The EU will use the CBAM, which is already destroying Ukraine’s steel industry, as a general source of revenue
The EU will use the CBAM, which is already destroying Ukraine’s steel industry, as a general source of revenue

The EU aims to collect €1.4 billion annually from the CO2 emissions tax, which takes effect on January 1, 2026

Climate change is making people poorer. How much will prices rise due to global warming?
Climate change is making people poorer. How much will prices rise due to global warming?

The easiest way is to calculate the impact on food prices, and the outlook is bleak