Thinktanks say EU’s carbon border tax will hurt Russia most

Thinktanks say EU’s carbon border tax will hurt Russia most — — -Brussels (Brussels Morning) A study conducted by the Ember and E3G climate thinktanks shows that the EU’s planned carbon border tax will probably impact Russia the most.

The European Commission proposed the Carbon Border Adjustment Mechanism (CBAM) in July and plans to impose it in 2026 on goods that pollute, according to Reuters reporting on Wednesday.