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What are 'embedded emissions' and can global trade help reduce them?
The European Union is implementing a 'Carbon Border Adjustment Mechanism' (CBAM) that will levy a fee on importing certain goods that are produced in countries that do not have carbon pricing regulations aimed at reducing greenhouse gas emissions. It's an idea that other countries are considering, but is also hugely complex and may be challenged by exporter countries. Two expert guests explain the policy and its implications for business and global trade.
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Radio Davos
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Meet the Leader
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