By 2030 under EU proposals cbam-covered companies will receive 145m fewer tonnes of annual allowances = €12bn pa = 2%

By 2030 under EU proposals cbam-covered companies will receive 145m fewer tonnes of annual allowances = €12bn pa = 2% of the newly covered sectors’ sales.
economist.com/business/2021/…
In other words this is entirely blown out of proportion! As argued here:
foreignpolicy.com/2021/08/06/cli… https://t.co/gejHvXiY7v

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