The European Parliament has now approved legislation to phase in a levy on high-carbon imports based on the CO2 emitted in producing them. As Statista's Martin Armstrong notes, the law is a world-first and awaits final approval from EU countries - expected within a few weeks. The tax aims to put pressure on countries outside of EU borders to put a price on CO2 emissions - while also countering the benefits to EU industries relocating to regions with weaker environmental laws. As reported by the Wall Street Journal: "The tax gives credit…
Hence then, the article about eu introduces new tax to push for global carbon pricing was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( EU Introduces New Tax To Push For Global Carbon Pricing )