On 14 July 2021, the European Commission presented a proposal for a Regulation of the European Parliament and of the Council establishing a carbon border adjustment mechanism (hereinafter, CBAM), which aims to equalise the carbon price paid for EU products operating within the framework of the European emission rights market (hereinafter, CBAM), which aims to equalise the carbon price paid for EU products operating within the framework of the European emission rights market (hereinafter, EU ETS) and imported products.
Source: www.blnpalao.com
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