NUS Consulting Group reposted this
The Carbon Border Adjustment Mechanism (CBAM) is a price on carbon emissions from the production of certain carbon-intensive imports, complementary to the EU Emissions Trading Scheme (EU-ETS). Importers will be required to register for the scheme, report the emissions of their products and purchase certificates which can then be used to pay for the embedded emissions of their imports. Carbon payments already paid outside of the EU will be deducted from the CBAM payment to avoid double payments and ensure equal carbon pricing across all equivalent products. Read NUS’ latest blog to see what this means or your company. https://lnkd.in/gsdgbY55 #CBAM #CarbonBorderAdjustmentMechanism #lifecycleassessment #compliance #ukbusiness #energyefficiency #energysavings #carbonemissions #carbonreduction #decarbonisation #lowcarbon #energymanagement #consulting #nusconsulting #NUSConsultingGroup #EURegulation