Sunday, July 3, 2022
HomeClimate411Why 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

British Greens Pushing for a Home Wood Heater Ban

As British energy prices and home heating spiral out of the reach of ordinary people, affluent greens are campaigning for their poorer neighbours to...

Our Green Energy Future? Australians to be Hit with Shock Electricity Price Rises

Essay by Eric Worrall As our new Prime Minister’s grand green energy transformation plan falls flat, ordinary Australians are feeling the pain of politically...

Lowy Institute: Climate Concern “Plateauing” in Australia

Climate concern may not be the big political driver in Australia's lurch to the left which everyone thought it was.