Agreement on an EU-wide tax requires unanimity from all 27 member states, which tend to regard tax as a matter of national sovereignty. How difficult would unanimity be? "In one word: impossible.

Tax be levied on imports into the EU of iron and steel, cement, fertiliser, aluminium, hydrogen, and electricity ...

BRUSSELS — Several major EU countries are advocating that the bloc’s carbon border tax be expanded in the coming years to help repay over €300 billion in pandemic-era debt.

The EU’s Carbon Border Adjustment Mechanism (CBAM), which imposes a tax on certain imports, is currently set to go into full effect in 2026. At that point, affected industries — including ...

The Union of Greek Shipowners (UGS) sees no reason for the European Union to keep regulating ships’ carbon emissions after ...

Union Minister Piyush Goyal stated that the EU's Carbon Border Adjustment Mechanism (CBAM) might negatively impact European industries more than India. He highlighted growing opposition to CBAM among ...

Dec 21 (Reuters) - Flying to Europe is about to get more expensive. The continent's highest court upheld a European Union law on Wednesday that will charge airlines for carbon emissions on flights ...

The carbon border adjustment mechanism is a mechanism implemented by the EU that attaches a price on imports to sort of equalize the price of goods and ease competition concerns.

High carbon taxes needed to decarbonise LNG The report‘s analysis concludes that a tax on methane emissions of US$2800 per tonne (t/CH4), equivalent to US$100/t CO2e, will be effective in ...

High carbon taxes needed to decarbonise LNG The report‘s analysis concludes that a tax on methane emissions of US$2800 per tonne (t/CH4), equivalent to US$100/t CO2e, will be effective in ...

The EU has extended its Emission Trading Scheme (ETS) to shipping, meaning that LNG cargoes into Europe will be subject to a carbon tax from 2024. The report, titled Call of duties: How emission ...

High carbon taxes needed to decarbonise LNG The report‘s analysis concludes that a tax on methane emissions of US$2800 per tonne (t/CH4), equivalent to US$100/t CO2e, will be effective in ...