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China says EU's planned carbon border tax violates trade principles


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“CBAM is essentially a unilateral measure to extend the climate change issue to the trade sector. It violates WTO principles … and (will) seriously undermine mutual trust in the global community and the prospects for economic growth,” said Liu Youbin, a spokesman of the Ministry of Ecology and Environment said at a media briefing.
He reiterated China’s stance that each country’s response to climate change should take into account its level of economic development, and said the CO2 tariff would severely harm the willingness and capability of countries to tackle the issue.
As the world’s top manufacturer of industrial raw materials such as steel and cement, China could suffer the most from the border tariffs scheme, researchers at Tsinghua University’s Centre for Industrial Development and Environmental Governance said in a paper published in May. ....

Richard Pullin , David Stanway , Liu Youbin , Kim Coghill , Muyu Xu , Ministry Of Ecology , Tsinghua University Centre For Industrial Development , Tsinghua University , Industrial Development , Environmental Governance , Junan Futures , கிம் கோகில் , அமைச்சகம் ஆஃப் சூழலியல் , தொழில்துறை வளர்ச்சி , சுற்றுச்சூழல் ஆளுகை ,