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EU carbon border adjustment mechanism launches pilot phase
Ōuméng tàn biānjiè tiáozhěng jīzhì qǐdòng shìdiǎn jiēduàn
欧盟碳边界调整机制启动试点阶段

EU launched carbon border adjustment mechanism transitional phase on October 1, 2023
Ōuméng yú èr líng èr sān nián shí yuè yī rì qǐdòng tàn biānjiè tiáozhěng jīzhì guòdù jiēduàn
欧盟于二零二三年十月一日启动碳边界调整机制过渡阶段

October 2, 2023 at 2:00 PM

the EU carbon border adjustment mechanism represents a breakthrough in global environmental policy
Ōuméng tuīchū de tàn biānjiè tiáozhěng jīzhì dàibiǎo le quánqiú huánbǎo zhèngcè de yī cì túpòpò xìng jìnzhǎn
欧盟推出的碳边界调整机制代表了全球环保政策的一次突破性进展
during the transitional phase
zài guòdù qī jiēduàn
在过渡期阶段
importers must report carbon content of cement, steel, aluminum, fertilizers, electricity, and hydrogen
jìnkǒu shāng bìxū bàogào shuǐní、gāngtiě、lǚ、huàféi、diànlì hé huà qì děng shāngpǐn de tàn hányuán
进口商必须报告水泥、钢铁、铝、化肥、电力和氢气等商品的碳含量
starting from 2026
zì èr líng èr liù nián qǐ
自二零二六年起
the mechanism will enter full implementation phase
gāi jīzhì jiāng jìnrù quánmiàn shíshī jiēduàn
该机制将进入全面实施阶段
this is the worlds first carbon border tax
zhè shì quánqiú shǒu ge tàn biānjiè shuì
这是全球首个碳边界税
the EU aims to prevent carbon leakage
Ōuméng cǐ jǔ zhǐzài fángzhǐ tàn xièlòu
欧盟此举旨在防止碳泄漏
ensuring polluting industries do not relocate to less regulated regions
jí gāo wūrǎn qǐyè búhuì yīn Ōuméng qìhòu zhèngcè ér qiānwǎng jiānguǎn jiào sōng de dìqū
即高污染企业不会因欧盟气候政策而迁往监管较松的地区
the policy faces international trade challenges
gāi zhèngcè miànlín guójì màoyì tiǎozhàn
该政策面临国际贸易挑战
WTO members may challenge this approach
shìjiè màoyì zǔzhī chéngyuán kěnéng duì cǐ tíchū yìyì
世界贸易组织成员可能对此提出异议
nevertheless
jǐnguǎn rúcǐ
尽管如此
the EU approach is widely viewed as an innovative response to climate change
Ōuméng de jǔcuò bèi guǎngfàn shìwéi yìngduì qìhòu biànhuà de chuàngxīn cuòshī
欧盟的举措被广泛视为应对气候变化的创新措施

New Words

Ōuméng
欧盟
EU
tàn
carbon
jīzhì
机制
mechanism
huánbǎo
环保
environmental protection
zhèngcè
政策
policy
jìnkǒu
进口
import
shāngpǐn
商品
goods
shíshī
实施
implementation
qìhòu
气候
climate
biànhuà
变化
change

News in English

Business

EU Carbon Border Adjustment Mechanism Launches

EU launched CBAM on October 1, 2023 requiring importers to report carbon content; full implementation from 2026; first carbon border tax mechanism globally.

The EU carbon border adjustment mechanism represents a breakthrough in global environmental policy. During the transition phase, importers must report carbon content of cement, steel, aluminum, fertilizers, electricity, and hydrogen. Starting from 2026, the mechanism will enter full implementation phase. This is the worlds first carbon border tax. The EU aims to prevent carbon leakage, ensuring polluting industries do not relocate to less regulated regions. The policy faces international trade challenges. WTO members may challenge this approach. Nevertheless, the EU approach is widely viewed as an innovative response to climate change.

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