As the European Commission released a draft of rules governing its carbon border tax on imports, Korean steelmakers got temporary relief thanks to a more relaxed rule for reporting obligations.
Korea is fighting a new EU policy on emissions and will support companies as they try to adapt to the carbon border adjustment mechanism (CBAM), which is being called a trade barrier by another name.
The European Union has been most passionate in responding to climate change. The EU achieved carbon emissions goals committed to under the Kyoto Protocol and submitted the nationally determined contribution (NDC) as a part of the...
Korea JoongAng Daily Sitemap
