EU’s CBAM may hurt bloc’s manufacturers more than int’l ones -NGO

Published 17:36 on June 3, 2024  /  Last updated at 13:04 on June 4, 2024  / Rebecca Gualandi /  Americas, Asia Pacific, Carbon Taxes, CBAM, Climate Talks, EMEA, EU ETS, International

The EU’s Carbon Border Adjustment Mechanism (CBAM) might hurt industrial manufacturers based in Europe more than those in third countries due to loopholes and its limited scope, according to a report published by a Brussels-based climate NGO.
The EU’s Carbon Border Adjustment Mechanism (CBAM) might hurt industrial manufacturers based in Europe more than those in third countries due to loopholes and its limited scope, according to a report published by a Brussels-based climate NGO.


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