LONDON, March 30 —Britain has launched a 12-week consultation on measures such as a potential carbon border tax in an effort to protect businesses against cheaper imports from...
LONDON, March 30 —Britain has launched a 12-week consultation on measures such as a potential carbon border tax in an effort to protect businesses against cheaper imports from countries with less strict climate policies.
Many countries have put a price on carbon emissions, but these vary greatly. The price of spot carbon allowances in Britain’s ETS currently stands at about £70 a tonne while allowances in China’s ETS, for instance, trade around 57 Chinese Yuan per tonne.
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