Susanne Mundschenk Susanne Mundschenk

The EU’s carbon border tax hits roadblocks

(Photo credit should read MICHAEL MATHES/AFP via Getty Images)

The European Commission’s Fit-for-55 emission plan, with its extended emission trading scheme and the new carbon border tax, will be fighting an uphill battle. The carbon border tax scheme — the first of its kind in the world — could become Europe’s opening bid to get moving internationally beyond mere discussions.

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