EU Reaches Initial Agreement for World-First Green Tariff on Climate-Polluting Goods
The EU has reached a provisional agreement to impose the world's first "green tariffs," on the imports of carbon-intensive products.
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The EU has reached a provisional agreement to impose the world's first "green tariffs," on the imports of carbon-intensive products.
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EU negotiators struck a preliminary deal on a carbon border tax, but a final agreement hinges on talks this weekend.
After 10 gruelling hours of overnight negotiations that lasted until five in the morning EU negotiators reached a deal on a border tariff for carbon-intensive goods, ending 20 years of discussions.
European Union policy makers reached a landmark deal Tuesday (Dec 13) to impose an emissions price on some imports from third countries in an attempt to ensure a level playing field for the bloc’s industries during an unprecedented green overhaul.