While the European Commission’s work on the future border carbon adjustment mechanism is ongoing, E3G, a think tank on climate change, published a report on Tuesday 22 September saying that it would be preferable for the mechanism to take the form of carbon standards for products rather than a tax or levy on imports.
According to the organisation, such standards, while imperfect, have a number of advantages over a border carbon tax.
While a tax raises questions about compliance with the...