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As part of its Green Deal, the European Commission is considering the introduction of border carbon adjustments and alternative measures. The measures, which would primarily apply to basic materials like steel and cement, pursue a double objective: they are aimed at enhancing the effectiveness...
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system of free allocation. Besides environmental benefits, it would also offset competitiveness losses of European energy … shows that around a third of the overall incidence of carbon leakage is driven not by competitiveness but by energy price …
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The EU has established the world’s first cross-border emission-trading systems (ETS) for greenhouse gas (GHG) emissions …
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