• About   |
  • Write For Us   |
  • Contact Us   |
  • हिंदी
Tuesday, February 7, 2023
  • Login
  • Register
No Result
View All Result
The Second Angle
Advertise
  • Infotainment
    • Sports
  • Entertainment
    • Lifestyle
      • Home & Decoration
  • People
    • Inspiring
  • Education
  • Travel
  • Finance
  • Healthcare
  • Technology
  • World
The Second Angle
  • Infotainment
  • Entertainment
  • People
  • Education
  • Travel
  • Finance
  • Healthcare
  • Technology
  • World
Advertisement
ADVERTISEMENT
Home World News

EU makes breakthrough on climate-protection import tax

TSA Desk by TSA Desk
December 13, 2022
in World News
Reading Time: 2 mins read
A A
Share on FacebookShare on WhatsApp
Advertisement Advertisement Advertisement
ADVERTISEMENT

RelatedPosts

India’s earthquake relief | First C-17 with aid and personnel takes off for Turkey

Why Turkey is prone to devastating earthquakes?


The EU is pushing through a tax on foreign companies that want to import products that do not meet its climate-protection standards

The EU is pushing through a tax on foreign companies that want to import products that do not meet its climate-protection standards
| Photo Credit: Reuters

The European Union moved closer Tuesday to pushing through an unprecedented tax on foreign companies that want to import products that do not meet climate-protection standards that EU companies have to comply with.

The breakthrough between the EU parliament and the 27 member states still stopped short of a full deal, but brought the implementation of the system within striking distance. Because some aspects of the tax, known as the Carbon Border Adjustment Mechanism, are tied up in other dossiers, a full decision on the tax can only be completed at a later date.

The tax will seek to create a competitive level playing field after EU companies complained that they had to incur high costs to meet climate targets while international competitors could simply import their goods without such constraints and price local producers out of the market.

“This will ensure a balanced treatment of such imports and is designed to encourage our partners in the world to join the EU’s climate efforts,” said Czech Industry Minister Jozef Sikela.

“Only countries with the same climate ambition as the EU will be able to export to the EU” without being hit by the tax, the EU parliament said in a statement. “The new rules will therefore ensure that EU and global climate efforts are not undermined by production being relocated from the EU to countries with less ambitious policies.”


ShareSendTweet
TSA Desk

TSA Desk

Related Posts

World News

India’s earthquake relief | First C-17 with aid and personnel takes off for Turkey

The first batch of earthquake relief material leaves for Türkey, along with NDRF Search & Rescue teams, specially trained dog...

Read more
World News

Why Turkey is prone to devastating earthquakes?

Three earthquake measuring -- 7.8, 7.6, and 6.0 -- magnitude on the Richter scale has devastated Turkey and Syria, while...

Read more
World News

Powerful earthquakes in Turkey and Syria leave over 3,800 dead

A major earthquake struck Turkey and Syria on February 6, killing more than 3,800 people and flattening thousands of buildings...

Read more
World News

Aid, rescuers rushed to Turkey, Syria after deadly quake

A member of the rescue team walks next to collapsed buildings, following an earthquake in Antakya, Turkey on February 6,...

Read more
World News

China lodges protest over U.S. shooting down ‘civilian airship’

The suspected Chinese spy balloon drifts to the ocean after being shot down off the coast in Surfside Beach, South...

Read more
World News

Turkey earthquake live updates | New 7.5-magnitude earthquake hits southeast Turkey: USGS

In this video grab from AFP TV taken on February 6, 2023, rescuers search for victims of a 7.8-magnitude earthquake...

Read more
Load More
Next Post

6 Best Methods You Can Adopt To Make Kratom Tea

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Facebook Twitter Instagram Telegram

About

The Second Angle

A platform providing diverse views on various issues, providing an in-depth understanding of important developments happening around us. It offers you true journalism amidst the cacophony. Discover the latest news, opinions, analysis and a lot more here.

Important Links

  • About
  • Career
  • Write for us | The Second Angle
  • Support Us
  • Privacy Policy
  • Terms
  • Contact Us
  • Newsletter
  • हिंदी

Subscribe to Our Newsletter

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

© 2017-22. The Second Angle. All Rights Reserved. Developed and Maintenance by SquareBase.io

No Result
View All Result
  • Infotainment
    • Sports
  • Entertainment
    • Lifestyle
      • Home & Decoration
  • People
    • Inspiring
  • Education
  • Travel
  • Finance
  • Healthcare
  • Technology
  • World
  • Login
  • Sign Up

© 2017-22. The Second Angle. All Rights Reserved. Developed and Maintenance by SquareBase.io

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version