Emerging economies share ‘grave concern’ over EU plans for a carbon border levy

Euractiv

Monday, April 12, 2021

European Union plans to impose taxes on carbon at its border are “discriminatory” and unfair to developing nations, ministers from Brazil, South Africa, India and China have warned. EURACTIV’s media partner Climate Home News reports. In a joint statement, the four nations, known as the BASIC countries, “expressed grave concern regarding the proposal for introducing trade barriers such as unilateral carbon border adjustment”.

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