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The Carbon Border Adjustment Mechanism (“CBAM”) – the European Union’s Next Climate Action Step

As a result of ongoing discussions, the European Parliament and the Council of the European Union announced on December 13, 2022, that a provisional agreement had been reached to implement a European Union (“EU”) Carbon Border Adjustment Mechanism (“CBAM”) beginning on October 1, 2023.

V&E Environmental Update

EnvironmentalInflation Reduction Act
December 21, 2022