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We'll free most EU importers from carbon border tax burden, climate chief says

By Oscar Pandiello ( February 7, 2025, 13:40 GMT | Insight) -- Around 80 percent of EU importers in scope of the bloc's new border tax on carbon-intensive goods should be exempted from it, EU climate chief Wopke Hoekstra has said, with the focus placed on cutting red tape by focusing on the 20 percent responsible for almost all embedded emissions. He told lawmakers that the European Commission is working to reduce the number of affected companies while ensuring effective enforcement. The vast majority of EU importers in scope of the bloc's new border tax on carbon-intensive goods should be exempted from it, EU climate chief Wopke Hoekstra has said....

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