CBAM — latest ecology news

The need to buy carbon certificates will significantly complicate imports into the European Union

This applies to both the temporal and economic components of eco-modernization

This is not the first such legislative initiative

The volume of reduction of CO2 emissions in the country may amount to 200 million tons by 2026, which is equal to all emissions of the EU steel sector

Most of the challenges are related to the growth of financial costs

European Commission officials promise to develop additional explanatory documents by the end of this year

This is a serious challenge for domestic manufacturers

But this will require significant financial costs

He pointed out problematic areas from the point of view of Ukrainian entrepreneurs

This will help Chinese manufacturers improve their competitiveness in international markets

They called for more attention to be paid to the problem of decarbonization as part of the Green Deal strategy

According to them, climate policy should stimulate innovation and modernization of industry, not harm it