Asia Pacific > Chinese steelmakers could cut CBAM costs by 70% with prompt climate actions, report says

Chinese steelmakers could cut CBAM costs by 70% with prompt climate actions, report says

Published 06:57 on July 5, 2024  /  Last updated at 06:57 on July 5, 2024  / Chia-Erh Kuo /  Asia Pacific, Carbon Taxes, CBAM, China

Chinese steelmakers could reduce the costs they have to pay under the EU's Carbon Border Adjustment Mechanism (CBAM) by more than 70% if they implement timely emissions reduction measures, a report has found.
Chinese steelmakers could reduce the costs they have to pay under the EU's Carbon Border Adjustment Mechanism (CBAM) by more than 70% if they implement timely emissions reduction measures, a report has found.


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