Polluting sectors such as steel, cement and aluminium should not pay for the carbon emissions of their exports, the commission will propose
Polluting sectors such as steel, cement and aluminium should not pay for the carbon emissions of their exports, the commission will propose
I hope they won’t make a permanent except though, at some point we will need China and the US to move in the same direction if we want to actually make a difference. But at least China is going all-in on EV and solar power technology.
A permanent exception may actually be OK: China is much further along in the energy transition and the CCP are not doing that out of the kindness of their genocidal hearts: economic forces make electrification inevitable, as we can already see with EVs.
Also, the European market is big enough to have global impact, even if our rules aren’t matched by other world powers eventually.
There’s hope for China. The US might artificially prop up fossil fuels even once uneconomical at this point.