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ACEA introduces simplified CBAM to balance climate goals and competitiveness
On April 28, the European Automobile Manufacturers’ Association (ACEA) welcomed the European Commission’s Carbon Border Adjustment Mechanism (CBAM), which will help to meet climate goals and complements the Emissions Trading System (ETS). However, it could raise supply chain costs and hurt competitiveness.
ACEA warns....
ACEA warns....
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