EU's draft Carbon Border Adjustment Mechanism toughens up

摘要

VTB Capital (VTBC) analysts on January 10 have summed up the latest newsflow on a new draft of the EU CBAM (Carbon Border Adjustment Mechanism), according to which the new proposals are harsher than expected previously. As reported by bne IntelliNews, reports in 2021 showed that the proposals concerning the EU CBAM offered Russian exporters some relief and time to adjust.