EU is about to introduce carbon emissions border tax
EU is about to introduce carbon emissions border tax

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.”