EU is about to introduce carbon emissions border tax
![3-eu-carbon-emissions-border-tax](https://industrialvalvesummit.com/wp-content/uploads/2020/10/3-eu-carbon-emissions-border-tax-1-1-750x500.jpg)
Although its exact structure is yet to be agreed upon, the EU is considering imposing a carbon border adjustment mechanism, more commonly referred to as a carbon border tax. According to Klaus-Dieter Borchardt, the European Commission’s Deputy Director General for Energy: “there will be first some areas where we test it, and [the] form is still under discussion, because you can do it in different forms.
We are still struggling in finding a way to such a mechanism in a WTO compatible manner.”