Editor’s Note: The opinions expressed in the op-ed are those of the authors and do not purport to reflect the views of the Kyiv Independent.
On May 10, the European Parliament signed the Carbon Border Adjustment Mechanism (CBAM) and an amendment to the EU Emissions Trading System (EU ETS). From Oct. 1, importers to Europe will be required to report greenhouse gas emissions, with it being fully effective from 2026. Most of Ukraine's industrial exports will then be subject to the CBAM regulation.