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European Parliament Backs Broader Carbon Border Tax

The European Parliament accredited laws to tax imports based mostly on the greenhouse gases emitted to make them, a plan that’s sending shudders by the global trading system.

The laws backed by the parliament on Wednesday broadens a earlier proposal for the tariff to incorporate some chemical makers. It additionally units a quicker timeline for implementation than the sooner proposal, which was drafted by the European Commission, the European Union’s govt arm.

Related Topics:Air pollution backs basic materials Basic Materials/Resources border Broader Business C&E Industry News Filter Carbon Chemicals Content Types corporate Corporate Environmental Responsibility Corporate/Industrial News Domestic Politics emissions environmental Environmental Pollution Environmental/Social/Governance European Factiva Filters general news governance Government Bodies government policy industrial news International Relations Legislative Branch Natural Environment Parliament political Political/General News Politics Politics/International Relations regulation Regulation/Government Policy resources social SYND tax WSJ-PRO-WSJ.com

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