EU COMMISSIONERS DESIGNATE RELEASE DETAILS ON FUTURE PLANS TO TARGET MAJOR CARBON EMITTERS
October 1st, 2019
Members of the incoming European Commission, expected to take office in November, have released more details of a planned ‘carbon border tax’, which could levy charges on metal imports into the European Union (EU). Products affected would be those deemed by the EU as manufactured with excessive carbon emissions. While details of what will be covered, and under what circumstances, will be included in a proposed future legislative text, former Italian Prime Minister Paolo Gentiloni has been charged with leading development of the tax. As economy Commissioner, ...
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