European Commission unveils world's largest decarbonisation experiment

THE European Commission has revealed its sweeping economic vision, which would impose carbon border taxes on high-emissions imports from other nations, as it aims to reduce emissions across the bloc by 55% by 2030 compared to 1990 levels, in a bid to reach net-zero 2050.

European Commission unveils world's largest decarbonisation experiment European Commission unveils world's largest decarbonisation experiment European Commission unveils world's largest decarbonisation experiment European Commission unveils world's largest decarbonisation experiment European Commission unveils world's largest decarbonisation experiment

European Commissioner Ursula von der Leyen

Presenting the proposal overnight, European Commissioner Ursula von der Leyen said Europe's current fossil fuel economy had "reached its limits".