More industries covered, quotas lowered, ‘border tax’ introduced
STRASBOURG, France: The European Parliament adopted sweeping climate measures on Tuesday aimed at massively cutting EU greenhouse emissions, including the introduction of a carbon border tax on imports.
The legislative step crystallises an ambitious EU plan to reform Europe’s carbon market by broadening an emissions trading scheme to more industries and lowering quotas of allowable polluting gases.
“With today’s votes, we reach another milestone,” European Commission chief Ursula von der Leyen tweeted.
She…
