The main sectors on the CBAM list include iron, steel, cement, fertiliser, aluminium, electricity and hydrogen
There is a global shift to lower greenhouse gas emissions as part of the drive to fight climate change. As part of this, the EU and the UK are in the process of implementing the Carbon Border Adjustment Mechanism (CBAM).
In principle, CBAM looks to lower carbon emissions by addressing something known as carbon leakage or offshoring emissions. In essence, it involves the…
