CBAM — latest ecology news
China has opposed the carbon tax for years
Taiwanese steel exporters are likely to have to pay the difference under the CBAM
About 10% of Southeast Asian manufactured goods exports to the EU are subject to CBAM
The UK has its own ETS emissions trading system since January 1, 2021
Overall EU ambitions to reduce emissions by 2030 compared to 2005 increased to 62%
Businesses will be required to register and report to CBAM
Europe must find ways to help other countries follow its rules
CBAM aims to avoid catastrophic climate change
The countries that were the first to introduce a tax on CO2 emissions have the largest shares of RES
The issue of trade is set to take center stage at the COP28 Climate Summit in 2023 in Dubai
Importers must be ready to comply with CBAM requirements from 2023
Free ETS permits should stimulate decarbonisation