CBAM: What you need to know about the new EU decarbonization incentive (World Economic Forum)
- Rajesh Srinivasaraghavan
- Jan 14, 2024
- 1 min read
After months of negotiations, EU Member States and the European Parliament have agreed to the world’s first Carbon Border Adjustment Mechanism (CBAM) – a tariff on carbon intensive products, such as cement or fertilizer. While CBAM’s implementation is still being worked out, we at least know the scheme’s scope.
Read the full article here