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CBAM: Parliament pushes for higher ambition in new carbon leakage instrument

  • Phasing in CBAM from 2027 and ending free allowances in EU ETS by 2032
  • Scope should be extended to include organic chemicals, plastics, hydrogen and ammonia as well as indirect emissions
  • EU budget should support least developed countries through amounts equivalent to sums collected through CBAM
  • Need for a centralised EU CBAM authority

Source europarl.europa.eu

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