EU agrees on protective shield for climate-damaging imports

The EU agrees on a defense system for climate-damaging goods from third countries. The decision is part of the “Fit for 55” package, which aims to reduce CO2 emissions. Additional costs are likely to be incurred for some products in the near future, including many essential ones.

 

Step towards climate protection: To ensure that the EU’s efforts to reduce greenhouse gas emissions are not nullified by importing climate-damaging goods from third countries, negotiators in the European Parliament and the governments of the EU states have agreed on a so-called CO2 border adjustment system. This was recently announced by the current Czech Council Presidency…

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