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In the context of which of the following do you sometimes find the terms ‘Carbon Border Adjustment Mechanism (CBAM)’ in the news?
Correct
Option B is correct.
The Carbon Border Adjustment Mechanism (CBAM) is a carbon tariff on carbon intensive products, such as cement and some electricity, imported by the European Union. Currently being legislated as part of the European Green Deal it will to take effect in 2026 with reporting starting in 2023.
Incorrect
Option B is correct.
The Carbon Border Adjustment Mechanism (CBAM) is a carbon tariff on carbon intensive products, such as cement and some electricity, imported by the European Union. Currently being legislated as part of the European Green Deal it will to take effect in 2026 with reporting starting in 2023.
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