How Europe’s new carbon tax on imported goods will change global trade

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In many countries, CBAM is also accelerating interest in renewable energy and greener industrial processes. Some see it not as a threat, but an opportunity to attract investment and position themselves as low-carbon manufacturing hubs.

However, this mechanism is still controversial. For businesses, CBAM is complex and administratively heavy. Firms need robust systems to measure embedded emissions, collect data from suppliers, and produce environmental product declarations. Many…



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How Europe’s new carbon tax on imported goods will change global trade



In many countries, CBAM is also accelerating interest in renewable energy and greener industrial processes. Some see it not as a threat, but an opportunity to attract investment and position themselves as low-carbon manufacturing hubs.

However, this mechanism is still controversial. For businesses, CBAM is complex and administratively heavy. Firms need robust systems to measure embedded emissions, collect data from suppliers, and produce environmental product declarations. Many…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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