Europe's Green New Deal proposes carbon tariffs

AS nearly all the EU announced a net-zero emissions target by 2050 last week, the European Commission issued its legislative roadmap known as Europe’s “Green New Deal”, focussing on energy decarbonisation as well as mechanisms such as carbon tariffs to counter nations with lower ambitions in fighting climate change.

Europe's Green New Deal proposes carbon tariffs Europe's Green New Deal proposes carbon tariffs Europe's Green New Deal proposes carbon tariffs Europe's Green New Deal proposes carbon tariffs Europe's Green New Deal proposes carbon tariffs

Hopes to encourage other countries to pull their weight

 
The Commission's communication document states its vision is to clearly set out the conditions for an effective and fair transition, to provide predictability for investors and to ensure the
  • FREE coverage on the rapidly developing coronavirus pandemic. Visit our COVID-19 hub.
  • Latest COVID-19 Coverage: Govt's COVID-19 Commission under scrutiny. Read more.
  • Latest COVID-19 Coverage: NT throws cash at oil and gas industry. Read more.