They're still debating about what to do with the revenues. Some of it might go into funds to help decarbonization in least developing nations that are EU trading partners - so they can get out from under the tariff. I haven't seen anything about a citizen's dividend. I would doubt that's on the table. This getting done through well established EU authority and no need to placate EU citizens.
Encouraging news. Is the revenue from CBAM earmarked for a specific purpose, such as decarbonization projects or a citizen's dividend, or does it simply go into the EU general fund?
They're still debating about what to do with the revenues. Some of it might go into funds to help decarbonization in least developing nations that are EU trading partners - so they can get out from under the tariff. I haven't seen anything about a citizen's dividend. I would doubt that's on the table. This getting done through well established EU authority and no need to placate EU citizens.
Encouraging news. Is the revenue from CBAM earmarked for a specific purpose, such as decarbonization projects or a citizen's dividend, or does it simply go into the EU general fund?