Policy & Trading

US concerned by European climate tax

Many non-EU countries are concerned about the climate tariff demanded by several European companies due to surging ETS CO2 prices. The EU Commission will present a proposal this summer but stands on a knife's edge in terms of integrating the mechanism.
US Special Presidential Envoy for Climate John Kerry (left) met with EU Commissioner for European Green Deal Frans Timmermans in Brussels in March. The US is not thrilled with the European plans for a climate tax. | Photo: Olivier Hoslet/AP/Ritzau Scanpix
US Special Presidential Envoy for Climate John Kerry (left) met with EU Commissioner for European Green Deal Frans Timmermans in Brussels in March. The US is not thrilled with the European plans for a climate tax. | Photo: Olivier Hoslet/AP/Ritzau Scanpix
by LOUISE WENDT JENSEN

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