Category News

EU Adds Maritime Shipping to Carbon Market Rules

The European Union has added the maritime shipping industry to its carbon market, meaning vessels will have to purchase credits to cover emissions emitted while using EU waters. Beginning in 2024 shipping companies will have to buy carbon credits to…

How Technology Can Tame the EU Carbon Tax on Imports

Starting in 2023, life will get progressively more complicated for companies importing energy-intensive products into the European Union, as well as for their non-EU suppliers. That’s when the EU will begin implementing the Carbon Border Adjustment Mechanism (CBAM), more commonly…