Europe's new carbon tax on imported goods will change global trade

https://theconversation.com/how-europes-new-carbon-tax-on-imported-goods-will-change-global-trade-and-our-shopping-habits-270496

by ksec • 7 months ago

23 9 7 months ago

theconversation.com

billy99k• 7 months ago

Hopefully, there will be as many complaints about this (which will increase the cost of everything) as the Tariffs Trump imposed.

_aavaa_2• 7 months ago

Why? If prices rise as a result of this, it will be because customers now have to pay for the pollution that their products cause, rather than get to use the atmosphere as a free sewer.

Meanwhile Trump's tariffs are capricious and chance every month without rhyme or reason.

ImJamal• 7 months ago

Not who you were responding to, but most people don't really care about the reason of a price increase, only the price increase itself.

bigbadfeline2• 7 months ago

rather than get to use the atmosphere as a free sewer

The only way not to do that is to stop breathing and breeding. Or go back to the trees but that the same thing.

it will be because customers now have to pay for the pollution that their products cause.

Pay to whom? And for what purpose? This excuse for another tariff isn't going to reduce pollution at all, it just adds another tax to be consumed by some newly minted private and public bureaucrats whose only contribution the world will be flavored methane.

"Tax the people to save the world" is a vicious lie.

Meanwhile Trump's tariffs are capricious

Bad or good excuses don't change the facts or effects of tariffs, tariffs aren't a tool for preventing pollution and haphazardly using them for that purpose triggers other economic and political consequences without doing anything for the stated objective.

grimblee• 7 months ago

Nope, as an European I'm totaly willing to pay a carbon tax and very happy that it will be less interesting to pollute for profit.

Trump is the worst thing this planet has to offer and his tariffs are akin to the biggest kid bullying the rest of the kindergarden court, I'm gonna boycott american products till I die.

zrn900• 7 months ago

This became just more regulatory moat-building to protect the lagging domestic European auto industry. And by 'auto industry' it means the industry of 2-3 countries. And that means basically 2-3 brands and no more. Other economic regions will retaliate in kind.

ivell• 7 months ago

As Moroccan firms will already pay a carbon price domestically, their exports are likely to avoid additional CBAM charges at the EU border, helping them remain competitive

As per some reports, EU was not agreeing to a similar proposal from India.

Europe's new carbon tax on imported goods will change global trade

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