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EU introduces the world’s first Carbon Border Tax. How global producers will be affected
By Nikos Avlonas, President of CSE The European Commission has recently announced plans for a new carbon border adjustment mechanism (CBAM), or well know as Carbon Border Tax which would levy charges on non-EU products in relation to their embedded carbon footprint. The mechanism will be phased in gradually from 2026 and will initially […]
Renewable energy is key to achieving SDG 7 and building sustainable economies in a post COVID-19 world
The power sector is the engine of global economy, supplying electricity to all other sectors. Good and services depend on it. In times of crisis, such as a pandemic, reliable electricity supply has become critical for sustained medical services and working remotely under lockdown conditions. Power is essential for driving economic growth. Achieving Sustainable Development […]