EU carbon border plans ‘important, possibly necessary, but risky’, say experts

The European Commission’s proposal to impose a carbon border tax could boost EU industry and cut global emissions, but carries the serious risk of retaliation from the bloc’s trading partners, according to a new analysis.

by Simon Pickstone
Steel production at EMZ Iron and Steel Works in Yenakiyevo, Ukraine. EU neighbours have expressed concern at the bloc's plans for a carbon border tax for carbon-intensive products. Photo: Nikolai Trishin\TASS via Getty Images
Steel production at EMZ Iron and Steel Works in Yenakiyevo, Ukraine. EU neighbours have expressed concern at the bloc's plans for a carbon border tax for carbon-intensive products. Photo: Nikolai Trishin\TASS via Getty Images

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