Ch.6 Green Transition Date
Question
What is the Carbon Border Adjustment Mechanism (CBAM) and when did its definitive regime start?
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Answer
A carbon levy on imports of carbon-intensive goods to prevent 'carbon leakage'; the definitive regime began on 1 January 2026 (transitional phase 2023–2025).
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Covers cement, iron & steel, aluminium, fertilisers, electricity and hydrogen.
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