What the EU's new border tax could mean for carbon markets

clock • 6 min read
What the EU's new border tax could mean for carbon markets

The European Union's new Carbon Border Adjustment Mechanism should incentivise more countries to put a price on carbon, but not the US

Currently, about 25 per cent of carbon released in the atmosphere is covered by some kind of carbon price - often levied in the form of a carbon tax or managed through an emissions trading system. With...

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