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Russian importers of CO2-intensive merchandise, corresponding to metal, pays some €1.9bn in charges by 2035 underneath the phrases of a proposed EU carbon border tax, which could enter into pressure in 2026, however Chinese language ones pays far much less – simply €484m, based on a research by think-tanks Sandbag and E3G, Reuters stories. Ukrainian companies can be liable to pay €870m and Turkish ones €824m, the research famous.
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