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The European Union’s commitment to reducing carbon emissions has led to the introduction of the Carbon Border Adjustment Mechanism (CBAM), fundamentally altering the landscape for high-carbon industries such as steel fabrication. With its stringent measures aimed at leveling the playing field between EU producers and their global competitors, CBAM places a price on carbon emissions...

As Serbia aligns itself with global environmental standards and prepares for potential European Union membership, its approach to carbon offset, emissions trading, and the Carbon Border Adjustment Mechanism (CBAM) is increasingly crucial, particularly in its heavy industry sector. Serbia’s Carbon Offset Initiatives 1. Local Projects: Serbia is actively exploring carbon offset projects, including reforestation and...

As the European Union (EU) strives to transition to a greener economy, it is critical to address carbon leakage while ensuring a level playing field for energy-intensive industries. The introduction of the EU Carbon Border Adjustment Mechanism (CBAM) aims to achieve these objectives. Clarion.energy explores the implications of the CBAM, the role of carbon offsets,...

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