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The EU imposes a "carbon tax" on all imports


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The EU imposes a "carbon tax" on all imports

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EU leaders have agreed at a summit to protect European businesses moving to renewable energy by imposing a "carbon tax" on imports from less regulated suppliers, a French official said.

The European Commission is preparing legislation to set its growth plan for the Green Deal and the 2050 target for a carbon-neutral economy.

The French presidential representative said this would include a mechanism for "taxing foreign products at European borders that do not comply with the same climate rules as European companies".

EU leaders today agreed to work to achieve zero net carbon emissions by 2050, but without the consent of the coal-hungry Poland.

Diplomats have confirmed to AFP that Poland is refusing to agree to the deadline after asking that it be allowed to make changes by 2070.istock

"We have reached an agreement on combating climate change. It is very important, it was important for Europe to show strong ambition," said EU Council President and President Charles Michel.
The 27 EU leaders approved the deal after an intense debate, and the Czech Republic agreed to accept the plan after it became clear that some EU members would be allowed to develop their nuclear power.

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