EU Struggles to Implement Green Policies Despite Climate Wins

1 min read
Source: OilPrice.com
EU Struggles to Implement Green Policies Despite Climate Wins
Photo: OilPrice.com
TL;DR Summary

The European Parliament has approved a new tax on high-carbon imports based on the CO2 emitted in producing them, which aims to pressure non-members to put a price on CO2 emissions and counter benefits to EU industries relocating. Countries with strong carbon pricing will get credit under the new EU tax. The tax is a world-first and awaits final approval from EU countries, expected within a few weeks.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

1 min

vs 2 min read

Condensed

78%

30368 words

Want the full story? Read the original article

Read on OilPrice.com