Carbon border measure requires gradual phaseout of free EUAs, says incoming EU trade chief

Published 17:21 on October 2, 2020  /  Last updated at 10:49 on October 5, 2020  /  Carbon Taxes, CBAM, EMEA, EU ETS  /  No Comments

The EU should gradually put an end to free EUA allocation as it moves to implement a carbon border adjustment mechanism (CBAM), the European Commission’s candidate to take over the trade portfolio said on Friday.

The EU should gradually put an end to free EUA allocation as it moves to implement a carbon border adjustment mechanism (CBAM), the European Commission’s candidate to take over the trade portfolio said on Friday.

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