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Cooling towers at Sasol’s synthetic fuel plant in Secunda. Picture: REUTERS/SIPHIWE SIBEKO
Cooling towers at Sasol’s synthetic fuel plant in Secunda. Picture: REUTERS/SIPHIWE SIBEKO

Several EU member nations are preparing to introduce carbon border adjustment mechanisms (CBAMs), which aim to ensure that imports of goods with high carbon emissions are subject to a carbon price similar to those produced domestically. CBAMs have been criticised by the BASIC nations — Brazil, SA, India and China — as unfairly shifting emission reduction responsibilities to developing countries from developed ones. Business Day TV spoke to John Lang, lead at Net Zero Tracker, for more insight.

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