carbon tax

Carbon emissions

The EU Wants A Carbon Tax On Imports – But Would It Be The Climate Solution Officials Expect?

Timothy Hamilton via The Conversation | The European Union is considering a new tax on imports as it tries to fight climate change, and the U.S. is raising concerns about it. At issue is what’s known as a border adjustment carbon tax. The tax is designed to level the playing field for European companies by holding imports responsible for their greenhouse gas emissions the same way domestically produced products are.