Continue with your mobile number
The EU’s Carbon Border Adjustment Mechanism (CBAM) is a landmark tool to put a fair price on the carbon emitted during the production of carbon intensive goods that are entering the EU, and to encourage cleaner industrial production in non-EU countries. The gradual introduction of the CBAM is aligned with the phase-out of the allocation of free allowances under the EU Emissions Trading System (ETS) to support the decarbonisation of EU industry. The CBAM will initially apply to imports of certain goods and selected precursors whose production is carbon intensive and at most significant risk of carbon leakage: cement, iron and steel, aluminium, fertilisers, electricity and hydrogen. With this enlarged scope, CBAM will eventually – when fully phased in – capture more than 50% of the emissions in ETS covered sectors. Under the political agreement, the CBAM will enter into force in its transitional phase as of 1 October 2023. About European Union The European Union is a supranational political and economic union of 27 member states that are located primarily in Europe. Founded: 1 November 1993
Who won the Major Dhyan Chand Khel Ratna Award 2021 in Para Shooting discipline?
In which Indian state is the Barabati Fort located?
Whichof the following country launched The Shaheen-II supersonic missile is ?
If the sum of two numbers is 3 and sum of their squares is 12, then their product is equal to
TReDS (Trade Receivables Discounting System) is not applicable to which of the following?
Which region in the world is the least peaceful as per the Global Peace Index 2024?
The book titled 'My Journey: Transforming Dreams into Actions' is an autobiography of:
When is the Birsa Munda Birth Anniversary celebrated in India?
Which country was added to BRICS (previously BRIC) in 2010?
What are the total numbers of accounts opened in PMJDY accounts till April 2022?