G20 recognises carbon pricing as climate change tool for first time

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VENICE: G20 finance leaders recognized carbon pricing as a potential tool to address climate change for the first time in an official communique ...

The statement was issued just days before the European Union was scheduled to unveil a controversial carbon-adjustment border tax on goods from countries with high carbon emissions.

Those efforts met strong US resistance for most of Trump's presidency, during which the United States quickly withdrew from the Paris climate agreement.

 

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