MEPs narrowly vote to keep free EU carbon allowances once border levy imposed

Published 18:54 on March 9, 2021  /  Last updated at 23:07 on March 9, 2021  /  Carbon Taxes, CBAM, EMEA, EU ETS  /  No Comments

A narrow majority of the European Parliament on Tuesday voted against a gradual phaseout of freely allocated EUAs to energy-intensive industries in light of the EU’s prospective carbon border adjustment mechanism (CBAM).

A narrow majority of the European Parliament on Tuesday voted against a gradual phaseout of freely allocated EUAs to energy-intensive industries in light of the EU’s prospective carbon border adjustment mechanism (CBAM).

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