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Europe’s war on carbon goes global as border tax comes into play

Brussels | The European Union has been accelerating its push to become the first climate-neutral continent. A new policy coming into force on Sunday will be a first step toward nudging other parts of the world to follow suit.

The measure will eventually place a levy on carbon-intensive imports so that European companies forced to comply with the continent’s strict climate laws will not face unfair competition from producers outside the bloc.

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    Original URL: https://www.afr.com/world/europe/europe-s-war-on-carbon-goes-global-as-border-tax-comes-into-play-20231001-p5e8xg