EU nations find compromise on carbon border levy, but thorny issues remain

Published 17:21 on March 15, 2022  /  Last updated at 17:21 on March 15, 2022  /  Carbon Taxes, CBAM, EMEA, EU ETS, International  /  No Comments

EU finance ministers on Tuesday forged a unified position on a proposed Carbon Border Adjustment Mechanism (CBAM), defusing fears that bloc's Fit for 55 climate package might be delayed or watered down due to the European energy crisis or Russia's invasion of Ukraine.

EU finance ministers on Tuesday forged a unified position on a proposed Carbon Border Adjustment Mechanism (CBAM), defusing fears that bloc’s Fit for 55 climate package might be delayed or watered down due to the European energy crisis or Russia’s invasion of Ukraine.

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