Sogalla, Robin - In: DIW weekly report : economy, politics, science : a … 13 (2023) 22, pp. 153-159
In October 2023, the EU Carbon Border Adjustment Mechanism (CBAM), a part of the reform of the European Emissions … them. The CBAM plans to gradually replace free allowances with a price on the carbon emissions embedded in imports … the imports of certain products. While the CBAM can mitigate carbon leakage, production declines in greenhouse …