Carbon Border Adjustment Mechanism (CBAM)

The Carbon Border Adjustment Mechanism (CBAM), which would impose a carbon tax on imports of goods created using non-green or environmentally unsustainable technologies, will be implemented by the European Union (EU) starting in October 2023. Read here to know more. As a global issue, climate change requires global solutions. There is a possibility of so-called […] The post Carbon Border Adjustment Mechanism (CBAM) appeared first on ClearIAS.
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