The ESG Brief - Hydrogen's role in the energy transition, and regulatory talking points
HSBC Global Viewpoint
00:00
The Impact of the Carbon Border Adjustment Mechanism on the Cement Industry
The manufacturing of cement is CO2 intensive but it's also incredibly local. So the carbon border adjustment mechanism itself is only likely to have a very small impact on the cement industry. The risk of any significant import in increase in imports is actually very low because the port capacity in Europe is controlled by established European producers.
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