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EU carbon border levy should apply sooner, lead lawmaker urges

By Joanna Sopinska ( November 9, 2021, 16:27 GMT | Insight) -- The EU’s planned levy on carbon-intensive imports should apply a year earlier than proposed by the European Commission, according to a leading EU lawmaker. Karin Karlsbro, one of the European Parliament’s lead negotiators, said the bloc should start charging the levy from 2025 instead of 2026 to faster address the “alarming” climate change crisis.The EU’s Carbon Border Adjustment Mechanism should be implemented a year earlier than currently planned to fight climate change faster, one of the European Parliament’s lead legislators on the file has said....

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