Financial Times: “Brazil Delivers a Climate COP Like No Other”
RFF research on carbon border adjustment mechanisms is cited in this article about COP30.
“An array of nations attacked the bloc’s carbon border adjustment mechanism, or CBAM, which aims to stop domestic industries being undercut by imports from countries lacking the EU’s robust carbon pricing system. It currently requires companies to pay around €80 a tonne for carbon pollution...
But several other countries are eyeing such measures amid signs the CBAM is fuelling the spread of carbon pricing. Researchers say more than 40 schemes in 37 countries have been launched, considered or implemented since the EU plan was first discussed in 2019.”
