PARIS - Europe and the United States should agree on common rules to determine how “green” a financial investment is, France’s finance minister said on Wednesday, after talks with U.S. President Joe Biden’s climate envoy John Kerry.Finance Minister Bruno Le Maire said it was also important to launch discussions with Washington on carbon border tax adjustments.
Such a tax essentially consists of import fees levied by carbon-taxing countries on goods manufactured in non-carbon-taxing countries. Kerry said the world’s largest emitters of greenhouse gases were “not sufficiently on the road to meeting” the Paris accord’s target of limiting global warming to well below 2°C, preferably 1.5°C, above pre-industrial levels.
whose going to pay huh, Europeans always do that to Americans. nevertheless a new tax? I don't think Kerry or Biden has the power to levie a tax without congress
Great