The European Union launched on Sunday the first phase of the world's first system to impose CO2 emissions tariffs on imported steel, cement and other goods as it tries to stop more polluting foreign products from undermining its green transition.
read more... 02/10/2023
The European Union starts the initial phase of its plan for the world's first carbon border tax next month, requiring importers to report the CO2 emissions of products sold into Europe, such as steel and cement, or risk financial penalties.
read more... 14/09/2023
European lawmakers bowed to pressure from France to allow nuclear power to be used for ammonia and hydrogen production in order to pass new legally binding targets to expand renewable energy development in the European Union.
read more... 14/09/2023
Germany’s chemical and car industries are protesting the anticipated bureaucratic strain expected from the phase-in of the EU’s novel carbon border tariff (CBAM), while consultancy Deloitte finds that companies have failed to sufficiently prepare.
read more... 22/08/2023
The European Commission has adopted a new carbon border adjustment mechanism (CBAM) for certain imported goods, it said on Thursday.
read more... 18/08/2023