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168

EU launches first phase of world's first carbon border tariff (www.reuters.com)

submitted 1 year ago by Madison_rogue@kbin.social to c/worldnews@lemmy.ml

11 comments fedilink hide all child comments

BRUSSELS, Oct 1 (Reuters) - The European Union launched on Sunday the first phase of the world's first system to impose CO2 emissions tariffs on imported steel, cement and other goods as it tries to stop more polluting foreign products from undermining its green transition.

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[–] HenriVolney@sh.itjust.works 25 points 1 year ago

At last some ambitious policy. Let's hope it won't be watered down by big business like the German EV makers or French agrobusiness lobbying right now

[–] bentropy@feddit.de 18 points 1 year ago (1 children)

This is a goog thing.

[–] Stety@lemmy.world 5 points 1 year ago

Very goog indeed.

[–] Pxtl@lemmy.ca 11 points 1 year ago

I predict all the chuds who were upset about carbon prices because they meant that the work would just be shifted to unpriced countries will somehow not be happy with this either.

[–] CrimeDad@lemmy.crimedad.work 5 points 1 year ago

We need a viral tariff regime that penalizes countries with insufficient greenhouse gas restrictions. It might be the only way.

[–] BastingChemina@slrpnk.net 1 points 1 year ago

It's great !

Unfortunately it will probably means an increase of prices on good on the short term but a better situation for every Europeans on the long term.