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Law-Now 24 Nov 2023 · Romania

Carbon Border Adjustment Mechanism transition in effect since 1 October 2023

1 min read
On 1 October 2023, a two-year transitional period began for implementation of Regulation (EU) 2023/956, which introduces the Carbon Border Adjustment Mechanism (CBAM). CBAM levies punitive CO2 charges against third-country importers of certain goods and only permits...

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