Proposed U.S. Foreign Pollution Fee Act (similar to the EU’s CBAM)
Ira Reese
Chief Technology Officer and Director, Global Security and Innovative Solutions
January 14, 2024
congress.gov
- Topic: sustainability
EU importers of cement, iron and steel, aluminium, fertilizers, electricity and hydrogen are preparing to submit their first report under the Carbon Border Adjustment Mechanism (CBAM), based on emissions data from their third-country suppliers. What about other countries? Will they also introduce such climate measures, so that EU and other countries' suppliers (exporters) should be getting ready to prepare their emissions data? Indeed, there are similar initiatives in other countries, for example, the proposed U.S. Foreign Pollution Fee Act.
- Market: Global Europe North America
- Copyright of the journal: CC Learning, UAB
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