Europe Might Slap a Climate Tax on Us. Good. ...Middle East

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The European Union Wednesday unveiled a suite of climate policies intended to cut emissions by 55 percent of 1990 levels by 2030. The plans include higher carbon prices, a bloc-wide coal phaseout and stopping the sale of fossil-fueled internal combustion engine cars by 2035. Also among its proposals—which member nations will debate in the coming weeks—is a “carbon border adjustment mechanism” that would impose fees on goods imported from non-EU countries with weaker climate laws. That could include the United States. Arguably, it should.How long can the U.S. continue not to pass climate policy and face zero international consequences? In addition to blocking climate policy domestically, the

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