Wednesday, August 4, 2021
Home Climate411 Why the EU’s Carbon Border Tax will Fail to Stop Carbon Leakage

Why the EU’s Carbon Border Tax will Fail to Stop Carbon Leakage

-

The EU is once again attempting to impose a carbon tax on all imports, to stop “carbon leakage”, the loss of manufacturing or other businesses relocating to lower cost countries. But a few simple economic calculations demonstrate why the EU’s plan will not stop the ongoing haemorrhage of business activity.

- Advertisment -

Related Articles

John Kerry Blames President Trump for his Lack of Progress Negotiating Climate Agreements

John Kerry believes President Trump shattered global trust in the USA's climate action commitment. But Kerry claims "more and more" Republicans are starting to...

How Climate Scenarios Lost Touch With Reality

A failure of self-correction in science has compromised climate science’s ability to provide plausible views of our collective future.

NASA Identifies Likely Locations of the Early Molten Moon’s Deep Secrets

Recently, a pair of NASA studies identified the most likely locations to find pieces of mantle on the surface, providing a map for future...