The debate surrounding CBAM: Pros and Cons

CBAM: A Double-Edged Sword? The Carbon Border Adjustment Mechanism (CBAM) is a complex policy instrument with far-reaching implications. Designed to level the playing field for domestic industries, it has sparked intense debate among policymakers, businesses, and environmentalists alike. The Case for CBAM Level Playing Field: Proponents argue that CBAM prevents “carbon leakage,” where industries relocate […]