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Domen Nahtigal Profile picture
Domen Nahtigal
@DomenNahtigal
Carbon Markets Specialist | Trader and Lawyer | Not an activist but common-sense advocate | Views are my own
Aug 3, 2022 • 4 tweets • 3 min read
1/ If we really want to fight the climate change and decarbonise the world, we need globally unified carbon price.

#CBAM is a good start but it won't be enough. Namely, when it comes to GHG emissions, there are no country borders. GHG emissions are global. #EUETS #OCTT 2/ Very strict environmental rules in one country can lead to carbon leakage (especially in heavy industry) and reduction in own production. This is often compensated by increased production and imports from countries that don't take environmental objectives so seriously.