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29 May 2024

Project Syndicate's Frankel: Europe’s Carbon Border Tax Advances the Fight Against Climate Change

The European Union’s Carbon Border Adjustment Mechanism (CBAM), officially launched in October 2023, now requires importers to report on the direct and indirect greenhouse-gas (GHG) emissions embedded in the goods they import. Beginning in January 2026, the EU will start imposing tariffs on...

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