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The Carbon Border Tax Reshaping Global Trade
Season 2
Episode 54
Published 3 weeks, 3 days ago
Description
In this episode, Lucas and Luna break down the EU's Carbon Border Adjustment Mechanism (CBAM), the world's first carbon border tax. They explain how it works, why it targets imports of steel, cement, aluminum, and fertilizer, and what it means for developing countries and global trade negotiations. With specific examples from the steel industry and India, they explore whether CBAM is a climate solution or a protectionist tool. A must-listen for anyone trying to understand the new trade battleground.