The world’s largest single market has launched a bold plan to tax carbon at its borders. The rest of the world is paying very close attention.

The world’s largest single market has launched a bold plan to tax carbon at its borders. The rest of the world is paying very close attention.

  • @MrHandyManOP
    2•1 year ago

    You are correct. This is from the CBAM Q&A document:

    Conversely, if a non-EU producer has already paid a carbon price in a third country on the embedded emissions for the production of the imported goods, the corresponding cost can be fully deducted from the CBAM obligation.