Been a while since we had a post in here, let's try this one . .
EU unveils sweeping climate change plan
https://www.bbc.co.uk/news/world-europe-57833807
Quote:
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One of the most eye-catching proposals is a carbon border tax on goods like steel, cement and fertiliser to ensure that European industry, which has to pay for permits to use carbon, can compete. However, the proposal is contentious and could spark a trade war with China and the US.
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I believe Australia aren't too happy about it either, and India make a lot of (cheap) steel
