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Article content “CBAM is essentially a unilateral measure to extend the climate change issue to the trade sector. It violates WTO principles … and (will) seriously undermine mutual trust in the global community and the prospects for economic growth,” said Liu Youbin, a spokesman of the Ministry of Ecology and Environment said at a media briefing. He reiterated China’s stance that each country’s response to climate change should take into account its level of economic development, and said the CO2 tariff would severely harm the willingness and capability of countries to tackle the issue. As the world’s top manufacturer of industrial raw materials such as steel and cement, China could suffer the most from the border tariffs scheme, researchers at Tsinghua University’s Centre for Industrial Development and Environmental Governance said in a paper published in May.

Richard pullinDavid stanwayLiu youbinKim coghillMuyu xuMinistry of ecologyTsinghua university centre for industrial developmentTsinghua universityIndustrial developmentEnvironmental governanceJunan futuresகிம் கோகில்அமைச்சகம் ஆஃப் சூழலியல்தொழில்துறை வளர்ச்சிசுற்றுச்சூழல் ஆளுகை