How Europe's new carbon tax on imported goods will change global trade—and our shopping habits

For people living in the EU, the price of their next car, home renovation and even local produce may soon reflect a climate ...

EU admits carbon border tax ‘too clunky’ as it closes loopholes

Brussels has admitted that the EU’s world-first carbon border tax was “too broad” and “too clunky” as it set out plans to close loopholes before it comes into force next month.

EU expands carbon tax on imports to cover steel and aluminium products

The EU is set to broaden the Carbon Border Adjustment Mechanism, a levy on high-carbon goods from countries with lower ...

EU gets tough on carbon border tax on heavy industry, vows to protect domestic producers

European producers of steel and aluminium will face higher CO2 emissions costs, but the European Commission wants to channel ...
Crude Oil Prices

Do Carbon Taxes Work?

Austria introduced a carbon tax with regional rebates but eliminated payouts in 2024 to reduce spending during a recession. Canada’s federal carbon tax, modeled on British Columbia’s system, was ...
OilPrice.com on MSN

Carbon Tax Puts EU at Odds With Export Majors

The European Union's new Carbon Border Adjustment Mechanism is set to impose a tax on imports from countries with less strict ...
PortageOnline

Industries shift carbon tax costs onto consumers

Even as drivers see modest relief at the gas pump, residents across Portage–Lisgar are still feeling the pressure of rising prices tied to carbon pricing that continues to apply beyond the consumer ...

EU climate chief criticises China, India and Saudi pushback on carbon tax

The EU climate commissioner has dismissed the latest push against the bloc’s incoming carbon border tax led by China, India and Saudi Arabia as “not very credible”, and argued it would level the ...

EU risks slow demise of aluminium industry if carbon tax not scrapped, Constellium CEO says

The European Union should drop a looming carbon border tax that risks pushing its aluminium sector into long-term decline by ...
ACHR News

Carbon Pricing vs. Carbon Tax: Understanding the Difference

Economists worldwide point to carbon pricing as the most effective way to reduce emissions. Why? Because carbon pricing reduces greenhouse gas (GHG) emissions to the lowest cost possible, where ...
YES! Magazine

What’s the Future of the Carbon Tax?

On a cold February day in Salem, Oregon, Republican state senators were fleeing the Capitol. It was weeks before the COVID-19 pandemic gripped the country and kept Americans huddled inside. So members ...