Polluting sectors such as steel, cement and aluminium should not pay for the carbon emissions of their exports, the commission will propose
Polluting sectors such as steel, cement and aluminium should not pay for the carbon emissions of their exports, the commission will propose
Is there a carbon tax on imports then?
Otherwise they could technically reimport the steel and save the tax.
Yes, it’s called CBAM and it’s the most beautiful tax I’ve ever seen:
https://en.m.wikipedia.org/wiki/EU_Carbon_Border_Adjustment_Mechanism