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Carbon border adjustment mechanisms: Will innovative climate policy launch a trade war?


Carbon border adjustment mechanisms: Will innovative climate policy launch a trade war?
The ThyssenKrupp Steel Europe plant in Duisburg, Germany, on January 7, 2020. Photo by Leon Kuegeler/Reuters.
The Biden administration may only be several months old, but its statements and actions have already raised the global profile of climate issues. The new climate czar, John Kerry, has been traveling the world to secure bilateral pledges of more aggressive action to combat climate change. And expectations are rising for a new consensus on collective mitigation activities at the 26th United Nations Climate Change Conference of the Parties (COP26) in Glasgow, Scotland in November. These are welcome developments, particularly when coupled with new regulatory actions by large emitting economies, including China and India, to reduce their carbon footprints and the game-changing possibilities of the European Union (EU) moving forward on its own green deal. ....

South Africa , Glasgow City , United Kingdom , United States , John Kerry , Piyush Goyal , European Union , World Trade Organization , Thyssenkrupp Steel Europe , United Nations Climate Change Conference , Structured Discussions , Environmental Sustainability , Asia Pacific Economic Cooperation , கிளாஸ்கோ நகரம் , ஒன்றுபட்டது கிஂக்டம் , ஒன்றுபட்டது மாநிலங்களில் , ஜான் கெர்ரி , பியூஷ கோயல் , ஐரோப்பிய தொழிற்சங்கம் , உலகம் வர்த்தகம் ஆர்கநைஸேஶந் , தைசென்க்ரூப் எஃகு யூரோப் , ஒன்றுபட்டது நாடுகள் காலநிலை மாற்றம் மாநாடு , கட்டமைக்கப்பட்ட விவாதங்கள் , சுற்றுச்சூழல் நிலைத்தன்மை , ஆசியா பெஸிஃபிக் பொருளாதார ஒத்துழைப்பு ,