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New research shows Europe's Carbon Border Adjustment Mechanism could slash nearly 700 million tons of CO₂ emissions by encouraging global carbon pricing. Critics called it bureaucratic red tape, but the data tells a different story.
South Korea is launching a major subsidy program to help companies reduce their carbon footprint and avoid hefty EU border fees. The move could save exporters up to €500 million annually while accelerating the country's green transition.
South Korea just launched a groundbreaking program to help its smallest manufacturers compete in a greener global economy. The government is investing $73 million to develop carbon-cutting technologies for companies exporting aluminum and steel.