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EU states agree on a carbon border adjustment system for cement

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The European Union’s ‘Fit for 55’ package includes a carbon border adjustment system for cement, which is one of the major aspects.

This environmental measure’s main goal is to prevent carbon leakage. It would also urge partner countries to implement carbon pricing measures in order to combat global warming. CBAM does so by focusing on carbon-intensive product imports in full compliance with international trade rules, in order to avoid offsetting the EU’s greenhouse gas emission reduction efforts with imports of products made in non-EU countries with less ambitious
climate change policies than the European Union.

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