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EU’s CBAM and Fit for 55 hurt business, consumers, and trade partners

July 19, 2021 by Richard Schulman 1 Comment

Encouraged by the Biden administration’s $3.5 trillion green plans — yet to be passed — Brussels’ EU bureaucracy is pursuing its own drastic de-carbonization plan — also yet to be passed. It controversially features tariffs on the imputed CO2 content of imports to the EU. The July 12th to July 18th, 2021 roundup of major […]

Filed Under: Trade  Tagged: Carbon Border Adjustment Mechanism (CBAM), Emissions Trading System (ETS), EU, Fit for 55

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