EU makes non-European companies pay for CO2 emissions

December 14, 2022

The Carbon Border Adjustment Mechanism (CBAM) makes companies outside the EU pay for their CO2 emissions, just like the European ones /dpa

The EU members and the European Parliament have agreed on introducing a CO2 tax for non-European companies. The new climate measure applies to the aluminum, steel, and fertilizer sectors and the hydrogen industry. The so-called Carbon Border Adjustment Mechanism (CBAM) makes companies outside the EU pay for their CO2 emissions, just as European companies already

This content has been archived. Log in or Subscribe to a level that has access to archived content.