
The Carbon Border Adjustment Mechanism (CBAM)
14 min
Level
In this article, we break down what the EU CBAM is, how it works, and what businesses need to do to comply.
A fossil fuel is a natural fuel, such as coal, gas, or oil – and is formed from the Earth’s crust. Fossil fuels are extracted and used to be burned as fuel: such as for a train powered by coal. Fossil fuels are also used to provide heat or generate electricity.