EU carbon tariffs are bad trade policy

EU carbon tariffs are bad trade policy

East Asia Forum·2023-07-28 00:00

Author: Amita Batra, JNU

The regulations establishing the EU’s carbon border adjustment mechanism (CBAM) entered into force on 16 May 2023. The CBAM, which imposes a price on the carbon emitted directly and indirectly during the production of carbon-intensive goods entering the EU, will be implemented in two phases.

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