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EU carbon tax is expected to collect 9 billion euros per year

 Last Update: 2021-08-05
 Source: Internet
 Author: User

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According to Sinochem News recently, sources said that after the EU starts to impose carbon tariffs, it is expected to earn about 9 billion euros a year
.

The funds will be used to repay EU debts and help Europe get rid of the haze of the epidemic

The European Commission plans to gradually introduce carbon tariffs from 2023 so that companies can make adjustments during the transition period
.

Carbon tariffs are levied on imported goods from countries and regions with relatively loose carbon emission restrictions.

However, several EU officials pointed out that the European Commission may adjust the content of the text before adopting the final version
.

Many trading partners of the European Union have reminded that the “carbon border adjustment mechanism” should be compatible with the trade rules of the World Trade Organization

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