EU adopts new rules for Product Emissions Reporting for New Import Carbon Tax
On 18 August, the European Commission announced the adoption of reporting rules for importers of products under the Carbon Border Adjustment Mechanism (CBAM), the EU’s new carbon tax on imported goods, aimed at equalizing the carbon price paid by European producers with those outside the EU. The new rules will require companies to collect data on the embedded emissions of…
adminAugust 25, 2023