1 year of CBAM- Main takeaways and next steps

CBAM and global carbon taxation Today, on 1st October 2024, we mark exactly one year since the Carbon Border Adjustment Mechanism (CBAM) began its transitional phase. Designed at the end of 2021 as part of the EU’s “Fit for 55” package, CBAM ensures that local industrial and electrical production faces the same greenhouse gas emissions […]