The European Union (EU) is planning to tax carbon-intensive products as a strategy to decrease global emissions and avoid carbon leakage. But will exporters be able to adapt? Lilia Maximova, Gabriela F. Kilpp, Natalia Koto, and Bárbara Martins take a look.
But there’s fight-back from the old guard – in Chancellor Angela Merkel’s own party – as well as from Europe’s so-called ‘frugal four’: Austria, the Netherlands, Sweden and Denmark. Nevertheless, Merkel is going further than ever before in backing the European Green Deal, higher EU climate targets, and renewable energy across Europe. Paul Hockenos has the story.
On July 12, a group of economists called on the German government to take quick climate action. This new proposal packs because the messenger officially advises the government – and doesn’t come from the climate camp. Craig Morris reports
In the run-up to the EU elections, German Environmental Minister Svenja Schulze has now said that she supports French President Macron’s climate plan, including a floor price for carbon. And Chancellor Merkel has now joined her in calling for “carbon net neutrality” by 2050. But the market can’t fix everything, says Craig Morris.