CBAM Ignites New Era of Equitable Contest in Europe
Hydrogen Fuel News
OCTOBER 9, 2023
As of October 1, 2023, the EU’s CBAM has entered into its transitional phase The Carbon Border Adjustment Mechanism (CBAM) is a groundbreaking strategy devised by the European Union (EU). It’s designed to equalize the price of carbon between domestic products and imports, thereby ensuring fair competition in terms of carbon costs.
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