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Carbon Border Adjustment Mechanism
The European Union (EU) has announced that its Carbon Border Adjustment Mechanism (CBAM) will be introduced. Important for Prelims: Geography and EnvironmentMains: General Studies Paper I Carbon Border Adjustment Mechanism Fit for 55 in 2030 Criticism of the Amendment Significance Way Forward Practice Questions for Prelims Consider the following statements regarding CBAM [carbon border adjustment mechanism]1. It will impose…
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