CBAM Reform: EU Eases Rules, Exempts 90% of Importers

The European Parliament and the Council of the European Union have reached a political agreement on a significant revision of the EU’s Carbon Border Adjustment Mechanism (CBAM). The reforms, part of the broader “Omnibus I” simplification package, are aimed at reducing...

India’s Coal-Based Steel Expansion Threatens Global Climate Goals

India’s ambitious plans to double its steel production by 2030—largely relying on coal-based technologies—pose a significant threat to global efforts to decarbonize one of the most carbon-intensive industries, according to a new report published Tuesday by the Global...