If Europe's carbon tariff works, consumers might not even notice it
16 Dec 2022
Climate policy is redrawing the blueprint of global trade, putting up new walls between the markets for high-carbon and low-carbon manufactured goods.
On Dec. 13, the European Union settled on a long-negotiated policy to levy import tariffs on steel, cement, fertilizer, iron, aluminum, and electricity, based on the volume of carbon emissions created during their manufacture in exporting countries.
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