EU planning carbon border measures ‘as soon as possible’


  • World
  • Friday, 28 Feb 2020

FILE PHOTO: European Commissioner for the Internal Market Thierry Breton gestures as he communicates on the EU's 5G plan in Brussels, Belgium January 29, 2020. REUTERS/Yves Herman/File Photo

BRUSSELS (Reuters) - The European Union will propose carbon border measures as soon as possible to protect its industries from competitors in countries with less stringent climate policies, the bloc's industry chief said on Thursday.

The European Commission, the bloc's executive, is planning to propose a carbon border mechanism in 2021, but on Thursday fielded a call from Spain to bring forward the proposal to the second half of this year.

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