BRUSSELS, Oct 1 (Reuters) - The European Union launched on Sunday the first phase of the world’s first system to impose CO2 emissions tariffs on imported steel, cement and other goods as it tries to stop more polluting foreign products from undermining its green transition.

  • HenriVolney@sh.itjust.works
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    1 year ago

    At last some ambitious policy. Let’s hope it won’t be watered down by big business like the German EV makers or French agrobusiness lobbying right now

  • Pxtl@lemmy.ca
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    1 year ago

    I predict all the chuds who were upset about carbon prices because they meant that the work would just be shifted to unpriced countries will somehow not be happy with this either.

  • CrimeDad@lemmy.crimedad.work
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    1 year ago

    We need a viral tariff regime that penalizes countries with insufficient greenhouse gas restrictions. It might be the only way.

  • BastingChemina@slrpnk.net
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    1 year ago

    It’s great !

    Unfortunately it will probably means an increase of prices on good on the short term but a better situation for every Europeans on the long term.

    • CanadaPlus@lemmy.sdf.org
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      1 year ago

      It seems to me like a good way to introduce the exact amount of friction intended. You can still ship stuff to the EU, you’re just penalised for whatever emissions that come with it.

  • zephyreksM
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    1 year ago

    That’s one way to keep EU manufacturing competitive. Poor Germany :(