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According to European Parliament

Carbon levy on EU imports needed to raise global climate ambition

4 mins read

The FINNCIAL --  According to European Parliament, to raise global climate ambition and prevent ‘carbon leakage’, the EU must place a carbon price on imports from less climate-ambitious countries, say Environment MEPs. On Friday, the Committee on Environment, Public Health and Food Safety adopted a resolution on a WTO-compatible EU carbon border adjustment mechanism (CBAM) with 58 votes for, 8 against and 10 abstentions.…

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Carbon levy on EU imports needed to raise global climate ambition

4 mins read

The FINNCIAL --  According to European Parliament, to raise global climate ambition and prevent ‘carbon leakage’, the EU must place a carbon price on imports from less climate-ambitious countries, say Environment MEPs. On Friday, the Committee on Environment, Public Health and Food Safety adopted a resolution on a WTO-compatible EU carbon border adjustment mechanism (CBAM) with…

EU-UK: MEPs still in favour of agreement, but welcome no-deal preparations

1 min read

The FINANCIAL -- According to the European Parliament, parliament hopes for an agreement on the future relationship between the EU and the UK, but needs time for scrutiny, stressed MEPs in a debate on Friday.…