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Putting a Price on Pollution

The Daily

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Europe's Carbon Tax Dilemma

This chapter explores Europe's implementation of a pollution pricing mechanism that imposes surcharges on imports from countries without a carbon tax. It examines the tension between environmental reforms and international trade, highlighting the divide between European nations and those opposed to such measures. The discussion emphasizes the urgent need for collaborative global efforts to effectively address climate change and the potential consequences of failing to meet emission reduction targets.

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