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Ed Araral July 12, 2021 12:27 Taxing the carbon content of imports, as the European Union plans to do and US President Joe Biden’s administration is considering, can help to dent the rising trend in global greenhouse-gas emissions. But policymakers must implement such levies in the right way. By focusing on emissions linked to consumption, rather than just domestic production, such taxes would target the roughly one-fifth of import-related emissions usually excluded from calculations of countries’ nationally determined contributions under the 2015 Paris climate agreement. They would also be timely, given the growing divergence between consumption- and production-based emissions. Since 1990, for example, US production-based emissions have increased by 3%, while the country’s consumption-based emissions rose by 14% over the same period.

United statesFrance generalVinod thomasJoe bidenEuropean unionNational universityLee kuan yew schoolPublic policyஒன்றுபட்டது மாநிலங்களில்வினோத் தாமஸ்ஓஹோ பிடென்ஐரோப்பிய தொழிற்சங்கம்தேசிய பல்கலைக்கழகம்லீ குவான் யூ பள்ளிபொது பாலிஸீ