A closer look at CBAM, the EU’s new external carbon tariff

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Following the agreement on the EU’s new external carbon tariff CBAM, Ron Stoop, a Dutch political economist, takes a closer look at this new “Carbon Border Adjustment Mechanism”. He writes: “The Carbon Border Adjustment Mechanism (CBAM) is a new EU law that attempts to protect low-carbon production in Europe against ‘dirty imports’, which are often …

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