EU’s New Carbon Emissions Tax May Darken The Climate for UK Exporters
The European Union (EU) has launched the world's first Carbon Border Adjustment Mechanism (CBAM) having effect from 1st October 2023. CBAM is a part of the EU's "Fit for 55" legislative package to reduce emissions by at least 55% up to 2030 from 1990 levels. How CBAM works CBAM is [...]
