View original post
Internally, EU has carbon trading, putting a price on CO2 emissions since 2005. Now this is designed to increase the price over time by cutting down on the allowed total emissions. To prevent European companies being disadvantaged compared to eg Chinese ones, it will tax imports of energy intensive products like cement and batteries from countries where there is too low a price on CO2 emissions.
Internally, EU has carbon trading, putting a price on CO2 emissions since 2005. Now this is designed to increase the price over time by cutting down on the allowed total emissions. To prevent European companies being disadvantaged compared to eg Chinese ones, it will tax imports of energy intensive products like cement and batteries from countries where there is too low a price on CO2 emissions.
This may reduce exports. But it doesn't affect the internal consumption in China and India.
Mook
*MySmiley*
"Bustin' makes me feel good!"
Ghostbusters, by Ray Parker Jr.
*MySmiley*
"Bustin' makes me feel good!"
Ghostbusters, by Ray Parker Jr.
Biden Administration Announces Rules Aimed at Phasing Out Gas Cars
- 20/03/2024 04:31:45 PM
278 Views
This is amusing
- 20/03/2024 04:36:55 PM
117 Views
The nyt a/b tests headlines
- 20/03/2024 09:15:37 PM
120 Views
One assumes “phasing out gas cars” generated negative reactions *NM*
- 20/03/2024 11:03:56 PM
75 Views
The pleasure one derives from driving … the Bisexual Mustang … would be a hell of a lead 
- 20/03/2024 11:52:36 PM
97 Views
- 20/03/2024 11:52:36 PM
97 Views
While I agree the carrot is better than the stick...
- 28/03/2024 11:55:00 PM
118 Views
Re: While I agree the carrot is better than the stick...
- 29/03/2024 02:12:23 PM
112 Views
Are you familiar with David Roberts ?
- 29/03/2024 06:18:35 PM
99 Views
Re: Are you familiar with David Roberts ?
- 29/03/2024 08:13:50 PM
100 Views
The EU is going the way of carbon tolls
- 30/03/2024 07:29:40 AM
112 Views
Re: The EU is going the way of carbon tolls
- 30/03/2024 06:21:20 PM
111 Views
We should certainly be working on ways of reducing that number legislatively, yes.
- 02/04/2024 02:43:24 PM
107 Views