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MEP Canfin: EU’s carbon border adjustment apparatus ‘is not just a taxation’

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MEP Canfin: EU’s carbon border adjustment apparatus ‘is not just a taxation’

”the center of WTO compatibility is the fact that scope must mirror the ETS device. And that raises the concern of free quotas that are CO2 European manufacturers, because we can’t have both edge protection and free quotas,” claims Pascal Canfin.

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The European Union’s future carbon edge modification device must mirror the EU’s very own carbon market cost and framework to become suitable for WTO rules, claims Pascal Canfin.

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