Explainer: What an EU carbon border tax might look like and who would be hit


  • World
  • Tuesday, 10 Dec 2019

FILE PHOTO: European Commission President Ursula von der Leyen speaks during the media briefing after the first meeting of her new college of commissioners in Brussels, Belgium, December 4, 2019. REUTERS/Francois Lenoir

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.

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