How will EU’s ‘green tariff’ impact China’s carbon market?
7 Feb 2023

European Union (EU) negotiators agreed in December to charge a carbon border tax on certain imports into the bloc, beginning in 2026.
Described by some media as a “green tariff”, the Carbon Border Adjustment Mechanism (CBAM) will require non-EU companies to pay a levy on some emissions-intensive products to make up the difference between the carbon price in their origin countries and that of the EU emissions trading system (ETS), the bloc’s key climate policy tool.
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