Carbon Taxes > EU’s carbon border plans force companies to disclose ‘trade secrets’, says industry

EU’s carbon border plans force companies to disclose ‘trade secrets’, says industry

Published 17:13 on November 8, 2023  /  Last updated at 17:33 on November 8, 2023  / /  Carbon Taxes, CBAM, EMEA, EU ETS

Companies and non-EU governments impacted by the EU’s carbon border adjustment mechanism (CBAM) said the legislation is forcing them to disclose 'trade secrets' about their supply chains, and that the lack of regulatory detail is hindering their ability to prepare, an event in Brussels heard on Wednesday, as a Turkish official confirmed that the nation plans to launch an ETS next year.
Companies and non-EU governments impacted by the EU’s carbon border adjustment mechanism (CBAM) said the legislation is forcing them to disclose 'trade secrets' about their supply chains, and that the lack of regulatory detail is hindering their ability to prepare, an event in Brussels heard on Wednesday, as a Turkish official confirmed that the nation plans to launch an ETS next year.


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