EU’s CO2 border measures “not a cash cow, possibly loss-making” -German bank economists

Published 17:50 on August 10, 2020  /  Last updated at 23:46 on September 15, 2020  /  Carbon Taxes, CBAM, EMEA, EU ETS  /  No Comments

EU plans for a carbon border adjustment mechanism (CBAM) will likely make little profit for the bloc while the administrative burden for importers may be significant, according to chief economists advising Germany’s largest public bank.

EU plans for a carbon border adjustment mechanism (CBAM) will likely make little profit for the bloc while the administrative burden for importers may be significant, according to chief economists advising Germany’s largest public bank.

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