The ESG Brief - Hydrogen's role in the energy transition, and regulatory talking points
HSBC Global Viewpoint
00:00
The Cost of the CBAM Policy
Cement industry will lose subsidy of about 8 billion a year in withdrawal of the free allowances. Research shows it's resulted in substantial windfall profits to these companies. Free allowances will be completely phased out by 2034 so at that time the CBAM will be fully operational.
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