COP26: ANALYSIS – Opposition to EU’s border measures eases as ‘penny drops’, but tough road lies ahead

Published 23:31 on November 10, 2021  /  Last updated at 14:00 on November 11, 2021  /  Americas, Asia Pacific, Carbon Taxes, CBAM, China, EMEA, EU ETS, International, Other APAC, South & Central, US  /  No Comments

Countries facing exposure to the EU's planned carbon border adjustment mechanism (CBAM) are progressively easing their opposition as they envisage laying out comparable policies to avert carbon leakage, but the bloc still faces a difficult challenge in implementing and defending the divisive measure or selling it to its major trading partners.

Countries facing exposure to the EU’s planned carbon border adjustment mechanism (CBAM) are progressively easing their opposition as they envisage laying out comparable policies to avert carbon leakage, but the bloc still faces a difficult challenge in implementing and defending the divisive measure or selling it to its major trading partners.

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