Tags carbon tax EU's carbon tax regime enters transitional phase Thursday, Oct 05, 2023 As of October 1, the EU''s trading partners will have to report greenhouse gas (GHG) emissions embedded in six carbon-intensive exports. Proposal to apply carbon tax to mitigate CBAM for exported goods Thursday, Aug 31, 2023 CBAM has been approved and officially takes effect on May 17 this year. CBAM will begin a three-year transition period from October 1 this year.