Navigating Climate Policy and Industrial Competitiveness: The EU's Carbon Border Tax Challenge
The EU's new carbon border tax plan and its impact on heavy industries like steel and cement, as they balance climate targets with economic competitiveness.
In this episode of UK Business Morning, we delve into the EU's proposed carbon border tax and its implications for heavy industries such as steel, cement, and aluminum. As the European Commission seeks to balance climate action with industrial competitiveness, we explore the challenges and compromises, including the controversial use of international carbon credits and the financial impact on industries. Join Lewis as he discusses the potential outcomes and the road ahead for EU climate policy with Alice.
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