Trade Trade

EU ministers agree carbon border levy preliminary stance, but key questions remain ahead

EU finance ministers have approved a preliminary joint stance on the planned Carbon Border Adjustment Mechanism to tackle the risk of carbon leakage as the bloc tightens its emissions reduction policies.

But they have not agreed on several issues that overlap with the CBAM but that are covered under other legislation.

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Kathryn Carlson

Financial Services Correspondent, Europe

Kathryn is a correspondent leading EU financial services coverage for MLex in Brussels. She previously covered energy and trade as a reporter for MLex, and has written for Reuters and The Times of London among other outlets. Kathryn holds a degree in English Literature from the University of Oxford and spent time working in Italy and France before making the move to Brussels.

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