Russia “extremely concerned” by EU carbon border tax plans, says could break WTO rules

Published 17:35 on July 24, 2020  /  Last updated at 17:39 on July 24, 2020  /  Asia Pacific, Carbon Taxes, EMEA, EU ETS, International  /  No Comments

Russia is “extremely concerned” about the EU's plans to introduce a carbon border adjustment mechanism (CBAM) to prevent carbon leakage, the country's economic development minister said on Thursday.

Russia is “extremely concerned” about the EU’s plans to introduce a carbon border adjustment mechanism (CBAM) to prevent carbon leakage, the country’s economic development minister said on Thursday.

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