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European Parliament Approves Simplifications to Carbon Border Adjustment Mechanism (CBAM)

|Proposed Changes|European Union
European Union

The European Parliament issued a release announcing its approval of simplifications to the Carbon Border Adjustment Mechanism (CBAM) on 10 September. The changes must now be endorsed by the Council of the European Union.

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CBAM: Parliament adopts simplifications to the EU carbon leakage instrument

  • New threshold will exempt 90% of importers from EU carbon border adjustment mechanism (CBAM…

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