BRICS summit is likely to strongly oppose carbon tax proposed by EU2 min read . Updated: 08 Sep 2021, 01:38 AM IST
The BRICS nations are opposing EU’s Carbon Border Adjustment Mechanism as they stand to lose most from its roll-out
NEW DELHI : Brazil, Russia, India, China and South Africa may strongly oppose the proposed Carbon Border Adjustment Mechanism (CBAM) by the European Union at the 13th BRICS Summit on Thursday as the five developing countries will likely be the biggest losers from its implementation.
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