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Carbon Conundrum & Cautious Calls Cushion Competitiveness
Serbia has called on the European Union to phase in its Cross-Border Carbon Adjustment Mechanism instead of applying it instantly, warning that a sudden €70 per metric ton carbon duty could harm local industries. Energy Minister Dubravka Jedovic Handanovic stressed that Serbia supports climate goals but needs time to adjust. Meanwhile, Serbia is preparing to join the EU electricity market, showing its broader commitment to European integration.
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