According to CCTV Finance, according to Russia Today, the European Union's Carbon Border Adjustment Mechanism (CBAM) regulation, the world's first "carbon tariff", will be implemented from October 1. There is a transition period between now and 2025, with full implementation gradually between 2026 and 2034. Under the new rules, the EU will impose additional taxes on steel, aluminium, cement and fertilisers imported from abroad. EU importers are now required to report greenhouse gas emissions fro