Carbon Border Adjustment Mechanism | Dofollow Social Bookmarking Sites 2016
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In our role as Carbon Border Adjustment Mechanism, the EU is developing the new Carbon Border Adjustment Mechanism (CBAM) requirements. CBAM ensures that some energy-intensive imported goods have a price attached to their CO2 emissions. This guarantees equitable global competitive circumstances for domestically produced, energy-intensive EU goods. The border adjustment program's current first phase targets importers who wish to bring goods into the EU for internal market sales, such as energy, cement, steel, aluminum, fertilizer, and hydrogen. These products have a very high carbon footprint during production. Carbon leakage, the risk of moving CO2 emissions overseas (for manufacturing within the EU), is very high. Participation is mandatory for numerous commercial and industrial enterprises, as well as for private persons and individual companies. Its newsletter and website update participating companies about their rights and responsibilities.

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