EU carbon border levy most effective if revenues ‘recycled’ into clean tech -report

Published 17:42 on January 15, 2021  /  Last updated at 02:20 on January 16, 2021  /  Carbon Taxes, CBAM, EMEA, EU ETS  /  No Comments

A carbon border adjustment mechanism (CBAM) will be most effective if the EU reinvests revenues into R&D for low-carbon technologies and clinches multilateral deals with trade partners, according to a report released this week.

A carbon border adjustment mechanism (CBAM) will be most effective if the EU reinvests revenues into R&D for low-carbon technologies and clinches multilateral deals with trade partners, according to a report released this week.

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