Which of the following implemented the world's first carbon tax named CBAM on steel and aluminum effective from 2026?
General Knowledge / UN Organizations — Multiple-choice practice
مندرجہ ذیل میں سے کس نے 2026 سے اسٹیل اور ایلومینیم پر سی بی ایم کے نام سے دنیا کا پہلا کاربن ٹیکس نافذ کیا؟
- A. Quadrilateral Security Dialogue (QUAD)
- B. European Union (EU)
- C. South Asian Association for Regional Cooperation (SAARC)
- D. None of these
Correct answer
European Union (EU)
Explanation
Explanation The EU fully implemented the definitive regime of the Carbon Border Adjustment Mechanism (CBAM) from 2026. This is world’s first carbon tax. With the aim to prevent carbon leakage Iron and steel, aluminum, cement, electricity, hydrogen, and fertiliser s have been covered under these mechanisms. Additional Information: EU stands for European Union. ***
Continue with UN Organizations MCQs, explore all General Knowledge topics, or try the UN Organizations practice quiz.
More UN Organizations questions
- MDG stands for _____?
- When the Treaty of Mangalore was signed?
- UNSC stands for:
- Which country took over the UN Security Council Presidency for the month of February 2022?
- The proposal to make whom a permanent member is passed in UN General Assembly in May 2024?
- Which country used veto power most of the times in UNO Security Council?
Found an error? Report a correction with this page URL and a supporting source.