CBAM — latest ecology news

Preliminarily, only direct emissions from the production of goods and products will be taken into account

Under the new "climate" mechanism, you have to pay for imports of metals, fertilizers, cement, and hydrogen

The indicators will allow for more accurate calculation of CO2 emissions in accordance with the European CBAM mechanism

Europe plans to help India implement CBAM, but will partially lift steel tariffs

Such a move could threaten both the mechanism itself and the competitiveness of European manufacturers

The country aims to reduce emissions and mitigate the impact of the European CBAM mechanism

Ferrous metallurgy remains the undisputed leader

The main focus in both Ukraine and the EU has been on finding a balance between the economy and the environment, while the main challenge for global climate policy has been the radical change in the US position

The EU encourages exporters to use verified data

Officials acknowledged that the system was too broad, cumbersome, and provided too many opportunities for circumvention

Officials want to eliminate loopholes that could allow foreign manufacturers to avoid climate costs

In this case, as in the previous specialized agency, it was also decided to "ignore" systemic corruption in the forestry sector