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EU’s expanded carbon border tax set to hit African exporters hard – The North Africa Post

Summary by North Africa Post

Recent amendments to the European Union’s Carbon Border Adjustment Mechanism (CBAM) are set to significantly affect African exporters, particularly those in industries with high carbon emissions, experts say. Introduced last month, these changes expand the scope of the CBAM to include indirect emissions — those generated by electricity used in production. This poses a serious […]

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Data Driven Investor

Carbon Taxes Go Global: How the EU's Climate Tariffs Are Sparking an Economic Revolution

In the grand theater of global economics, a new protagonist has taken center stage—one that’s dressed in green, speaks with a European accent, and has the audacity to charge admission at the border. Ladies and gentlemen, meet the Carbon Border Adjustment Mechanism (CBAM), the EU’s ambitious attempt to save the planet while simultaneously redrawing the […] The post Carbon Taxes Go Global: How the EU’s Climate Tariffs Are Sparking an Economic Revo…

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