EU carbon border tax plans due next spring, as other nations watch closely

Published 19:06 on March 25, 2020  /  Last updated at 23:06 on March 25, 2020  /  EMEA, EU ETS  /  No Comments

A European Commission proposal to adopt a border adjustment mechanism to prevent carbon leakage will need to wait until spring 2021, despite demands from member states and industry to deliver earlier, a senior EU official said on Wednesday.

A European Commission proposal to adopt a border adjustment mechanism to prevent carbon leakage will need to wait until spring 2021, despite demands from member states and industry to deliver earlier, a senior EU official said on Wednesday.

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