EU to force importers to pay for emissions from 2026 amid UN warning

Published 17:52 on July 14, 2021  /  Last updated at 12:05 on September 1, 2021  /  Carbon Taxes, CBAM, EMEA, EU ETS  /  No Comments

The EU will force importers of electricity and a number of foreign industrial sectors to pay for emissions covered under a carbon border adjustment mechanism (CBAM) from 2026, according to a proposal released by the European Commission on Wednesday, which came as a UN agency urged caution over the divisive policy.

The EU will force importers of electricity and a number of foreign industrial sectors to pay for emissions covered under a carbon border adjustment mechanism (CBAM) from 2026, according to a proposal released by the European Commission on Wednesday, which came as a UN agency urged caution over the divisive policy.

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