Europa
Climate love
Climate love
Kevin
92 w
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World's first carbon import tax approved by EU lawmakers
The European Union’s parliament approved legislation to tax imports based on the greenhouse gases emitted to make them, clearing the final hurdle before the plan becomes law and enshrines climate regulation in the rules of global trade for the first time.
Tuesday’s vote caps nearly two years of negotiations aimed at pushing economies around the world to put a price on carbon-dioxide emissions while shielding the EU’s manufacturers from countries that aren’t regulating greenhouse-gas emissions as strictly, or at all. The tax gives credit to countries that put a price on carbon by deducting payments for overseas carbon emissions when goods arrive at EU borders.https://www.wsj.com/articles/worlds-first-carbon-tax-approved-by-eu-lawmakers-752ed823?mod=e2tw
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92 w
This is a good law, it will help decarbonize the environment
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92 w
This is amazing, this will reduce carbon emissions significantly and also creat a sense of responsibility.
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@joseph_githinji true
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I hope that this initiative inspires other nations to adopt similar measures to address the urgent need to reduce carbon emissions and combat climate change.
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We seem to be generating a lot of revenue from carbon taxation, my question is, where does this money go?
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@munene_mugambi I do not want to think that maybe it is channeled in non-environment matters
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Great decision
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@elizbeth_gathigia it is