Key EU lawmaker seeks quicker introduction of carbon border measures

Published 15:45 on January 5, 2022  /  Last updated at 15:36 on January 6, 2022  /  Carbon Taxes, CBAM, EMEA, EU ETS  /  No Comments

The EU's proposed Carbon Border Adjustment Mechanism (CBAM) should fully replace free EUA allocations by no later than 2028 if the bloc is serious about meeting its 2030 climate goals, the European Parliament's lead lawmaker on the issue said in a draft report on Wednesday.

The EU’s proposed Carbon Border Adjustment Mechanism (CBAM) should fully replace free EUA allocations by no later than 2028 if the bloc is serious about meeting its 2030 climate goals, the European Parliament’s lead lawmaker on the issue said in a draft report on Wednesday.

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