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EU Carbon Border Tax: CBAM Reshapes Global Trade in 2026
Environment

EU Carbon Border Tax: CBAM Reshapes Global Trade in 2026

The EU's CBAM entered its financially binding phase on Jan 1, 2026, requiring importers to buy carbon certificates at ~€75/tCO₂. With costs exceeding €12 billion in 2026—81% on steel—CBAM is reshaping global trade and triggering carbon pricing race worldwide.

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