EU warns China to price carbon or face tax
Davos, Switzerland | Ursula von der Leyen has warned China and other large fossil fuel producers to find a way to price carbon at home or risk being hit by the EU with a planned CO2 tax on imports.
Speaking at the World Economic Forum in Davos on Wednesday (Thursday AEST), the president of the European Commission laid out Brussels’ plan to set up a carbon border adjustment mechanism that would hit importers from countries that do not respect international climate goals.
Financial Times
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