Carbon border tax needed to ensure “survival” of EU’s industry
The EU will introduce it on non-EU countries unless they commit to lowering their emissions, according to Frans Timmermans.
EU preparing CO2 tax for products from other countries
The European Commission launched public consultations on taxation rules that would help its climate agenda. It expressed the intention to revise the internal Energy Tax Directive and to introduce a carbon border adjustment mechanism in line with the European Green Deal. The latter, effectively a CO2 tax, could be applied for imported and domestic goods […]
