CBAM - Latest news GMK Center

In order to protect the national industry in the conditions of implementation of CBAM, steps on the part of the state are required

This solution is due to technical issues with the respective registry

The new wave of CBAM may affect 60 million tons of steel trade by 2030

The start of the implementation of the mechanism has already put China in an awkward position

The country already depends on foreign supplies of these products

The industry advocates the adoption of relevant legislation in 2024

The DEHSt Emissions Trading Authority will be the contact authority for import reports

In this way, the government plans to protect the local industry from cheap imports from countries with less strict climate policies

The region currently relies on fossil fuels to support industrialization

Market participants do not receive the necessary explanations regarding the mechanism

Green steel can become competitive with carbon-containing analogues within ten years

The country seeks to provide a mechanism for resolving these issues in a free trade agreement