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The Law on the Approval of Ratification of the Paris Agreement numbered 7335 was passed on October 6, 2021, published in the Official Gazette numbered 31621 on October 7, 2021 and entered into force on the same date.

For some time now, the introduction of CO2 duties or a carbon border adjustment mechanism (CBAM) has been discussed in the EU as part of the European Green Deal. The intention is to internalize the externalities of greenhouse gas emissions into the prices on imported goods. On 15 July 2021, the EU Commission presented a proposal for a…