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Memorandum of Reply Bill CBAM to Senate

The CBAM is primarily a climate measure with the aim of preventing carbon leakage, and it is a positive step that the CO 2 emissions released during the production of traded goods are priced. The government therefore welcomes the CBAM. This is what State Secretary Van Rij of Finance writes to the Senate in the memorandum of reply to the bill Transitional period for the introduction of the mechanism for carbon adjustment at the border (CBAM).

Source Taxlive

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