The Carbon Border Adjustment Mechanism (CBAM) will provide economic and employment opportunities, as well as ensuring the competitiveness of Europe’s energy-intensive industry, according to a study by the European Trade Union Institute ETUI, published on Friday 29 July.
The implementation of CBAM from 2026 is expected to create up to 230,000 jobs by 2030 and 460,000 by 2040, according to ETUI researcher Béla Galgóczi. The study is based on several scenarios for the coming years: - a...