Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

US raises concerns over Europe’s planned carbon ‘border tax’
EurActiv ^ | May 11, 2021 | Kira Taylor

Posted on 05/11/2021 10:52:29 PM PDT by Olog-hai

Implementing a border levy to price carbon-intensive imports and protect European industries will be “extremely complicated,” warned Jonathan Pershing, a member of the US climate envoy’s team.

“I do note that it’s extremely complicated to think about the structure of a border tax,” Pershing told participants at a EURACTIV debate last Friday (7 May).

“I don’t disagree in principle that it has value, but I think that it’s got enormous complexity,” he warned.

The carbon border adjustment mechanism, due to be revealed in July, aims to put a price on imports from countries where it is cheaper to pollute, as a way of protecting European manufacturers facing higher carbon costs.

But it has ruffled feathers around the world. Emerging economies such as Brazil, South Africa, India and China, have criticized the plan as “discriminatory” and unfair to developing nations.

Across the Atlantic, US climate envoy John Kerry warned in March that the EU levy should be envisaged only as a last resort measure, saying: “It does have serious implications for economies, and for relationships, and trade.” […]

Calls for a carbon border tariff are growing in Europe as the carbon price hit historic highs in recent weeks, reaching €50 per tonne for the first time since the EU carbon market was launched in 2005. …

(Excerpt) Read more at euractiv.com ...


TOPICS: Business/Economy; Local News
KEYWORDS: carbontax; climatechange; climatechangehoax; europe; eurotyranny; eussr; fourthreich; globalwarming; globalwarminghoax; tariffs; taxes

1 posted on 05/11/2021 10:52:29 PM PDT by Olog-hai
[ Post Reply | Private Reply | View Replies]

To: Olog-hai

All of this will help as inflation arrives on the front doorstep, and the public finally realizes the true cost of this gimmick.


2 posted on 05/11/2021 10:58:40 PM PDT by pepsionice
[ Post Reply | Private Reply | To 1 | View Replies]

To: Olog-hai

This is silly.


3 posted on 05/11/2021 11:19:09 PM PDT by Mariner (War Criminal #18)
[ Post Reply | Private Reply | To 1 | View Replies]

To: pepsionice; All
“We have a bit over half a year to go towards Glasgow, and we have to use every hour of that period to join forces in our climate diplomacy to create a success at the end of the year because only then we can save planet Earth,” said (Diederik) Samsom. …
This Samsom fellow, of the Netherlands’ Labor Party, is the head of the European Green Deal team, under fellow Netherlander and Vice-President of the EU Commission Frans Timmermans. Amazing to see them talk like such zealots over something so politicized and unproven.
4 posted on 05/11/2021 11:24:32 PM PDT by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Mariner

Unelected politicians talking like they have some kind of Messiah complex.


5 posted on 05/11/2021 11:26:28 PM PDT by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Olog-hai

Tariffs now good, but they cannot call them that?


6 posted on 05/12/2021 1:38:07 AM PDT by Ingtar
[ Post Reply | Private Reply | To 1 | View Replies]

To: Ingtar

Yes - this whole manufactured crisis by the Xidenites and Lurch shows you the lunacy and inherent corruption of the whole agenda. Best guess is that the entire Rat structure is torn apart by their extremist Green agenda.


7 posted on 05/12/2021 2:20:08 AM PDT by No_Mas_Obama
[ Post Reply | Private Reply | To 6 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson