BRUSSELS (Reuters) - The European Commission plans a carbon border tax aimed at shielding European steel producers and other energy-intensive industries against cheaper imports from countries with less strict climate policies.
The EU executive's president Ursula von der Leyen, who took office on Dec. 1, is due to unveil on Wednesday a first outline of her "Green Deal", a package of regulations meant to drastically reduce carbon emissions of the 28-nation bloc.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!