EU carbon border measure “no silver bullet”, must support existing policies -senior EC official

Published 19:21 on September 30, 2020  /  Last updated at 23:25 on September 30, 2020  /  Carbon Taxes, CBAM, EMEA, EU ETS  /  No Comments

The EU will need to carefully combine a carbon border adjustment mechanism (CBAM) with the bloc's existing polices for spurring decarbonisation and ensuring competitiveness, a senior European Commission official said on Thursday.

The EU will need to carefully combine a carbon border adjustment mechanism (CBAM) with the bloc’s existing polices for spurring decarbonisation and ensuring competitiveness, a senior European Commission official said on Thursday.

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