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