EU Struggles to Implement Green Policies Despite Climate Wins
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.