CBAM launch triggers CO2 pricing worldwide

The European Carbon Border Adjustment Mechanism (CBAM) will be launched on Oct. 1., although no CO2 duties will be levied on affected imports during the two-year test phase. Nevertheless, the climate action instrument is already triggering reactions worldwide. Above all, it appears to be fulfilling one of its key purposes: CBAM provides incentives for CO2 pricing abroad.

Lukas Knigge

28. September 2023

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Lukas Knigge

28. September 2023

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Last updated: 24. July 2025