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29 Jul 2024 | 11:00 UTC
Nine months into a transitional phase, Europe's carbon border adjustment mechanism is compelling heavy emitting industries to get on top of their emissions reporting.
From the third quarter of 2024, importers will need to report actual embedded emissions rather than using default values provided by the EU.
The following infographic provides the big picture. Click here for the full-size view.
Related story: ANALYSIS: Importers begin hedging EUAs to shield against CBAM costs