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EU Announces World s First Carbon Tax on People

The goal of world’s first major carbon border tax aims to make its economy carbon-neutral by 2050. It's a massive wealth redistribution.

Pascal canfinEuropean councilEuropean unionEuropean parliamentEu parliamentWorld economic forumLargest carbon borderMassive redistributionCarbon border adjustment mechanismStates agree detailsWorld first carbon tax

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South africaUnited statesPeter lieseKatherine taiMohammad chahimFaten aggadJoe bidenEuropean councilEuropean unionEuropean parliamentAfrican climate foundationLargest carbon borderLargest carbon border taxCarbon border adjustment mechanismPresident joe bidenInflation reduction act