EU Official Sees Hope For T&T Amid Carbon Tax Threat

With T&T’s energy sector bracing for the impact of the European Union’s Carbon Border Adjustment Mechanism (CBAM) in early 2026, one EU official says there’s still reason for optimism and potential for transformation. CBAM is a policy designed to tax the carbon emitted during the production of certain goods imported into the EU, with the goal of cutting emissions and preventing carbon leakage by incentivising cleaner production methods globally.