Several EU member nations are preparing to introduce carbon border adjustment mechanisms (CBAMs), which aim to ensure that imports of goods with high carbon emissions are subject to a carbon price similar to those produced domestically. CBAMs have been criticised by the BASIC nations — Brazil, SA, India and China — as unfairly shifting emission reduction responsibilities to developing countries from developed ones. Business Day TV spoke to John Lang, lead at Net Zero Tracker, for more insight.
https://lh3.googleusercontent.com/aGCrswDjOpz_puq6TM8rFrIbLgW83zpqpPx6XwZM29pMO23X192POa31lqYub5HPV9KlnQfF4O5FEraG9vtplDtKsTKTYPvNrMaJpfYDaYIUTp4
Several EU member nations are preparing to introduce carbon border adjustment mechanisms (CBAMs), which aim to ensure that imports of goods with high carbon emissions are subject to a carbon price similar to those produced domestically. CBAMs have been criticised by the BASIC nations — Brazil, SA, India and China — as unfairly shifting emission reduction responsibilities to developing countries from developed ones. Business Day TV spoke to John Lang, lead at Net Zero Tracker, for more insight.
About Author
This post was originally published on this site
