EU carbon border mechanism less likely to face global backlash -lawmaker

Published 17:25 on January 12, 2023  /  Last updated at 17:25 on January 12, 2023  /  EMEA, EU ETS  /  No Comments

The EU will face less international opposition for slapping on levy on industrial emissions outside its territory than it did a decade ago with airlines, key lawmaker Peter Liese said on Thursday, judging that the bloc’s carbon border adjustment mechanism (CBAM) will be fully implemented as a result.

The EU will face less international opposition for slapping on levy on industrial emissions outside its territory than it did a decade ago with airlines, key lawmaker Peter Liese said on Thursday, judging that the bloc’s carbon border adjustment mechanism (CBAM) will be fully implemented as a result.

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