The European Parliament has announced its approval of proposed changes to the EU's carbon border adjustment mechanism (CBAM), including simplifications that would exempt 90% of importers from the CBAM rules.
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Parliament supports proposals to simplify EU carbon leakage instrument
- New de minimis mass threshold of 50 tonnes would exempt 90% of importers from EU carbon border adjustment mechanism rules
- Environmental ambition maintained as 99% of CO2 emissions from iron, steel, aluminium a…