The European Commission announced the release of a series of proposed changes to the Carbon Border Adjustment Mechanism (CBAM), the EU’s carbon tax on imported goods, including expanding the scope of the CBAM to some downstream products, in order to avoid a shift in production away from EU manufacturers to those in countries with weaker … Continue reading EU to Expand CBAM Carbon Import Tax to Downstream Products to Avoid Production Shift to Countries with Weaker Climate Policies