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The impact of the EU carbon border adjustment mechanism and the coping strategies of Chinese exporters

5 July 2023

I. Basic Concepts of the EU Carbon Border Adjustment Mechanism The EU Carbon Border Adjustment Mechanism (CBAM), also known as a carbon border tax or carbon tariff, is a tax levied by the EU on the carbon emissions of some imported goods. Simply put, CBAM adjusts the price difference between the same amount of carbon emissions inside and outside the EU, so that the cost of the same amount of carbon emissions inside and outside the EU is...