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EU to Slap Carbon Tax on Australian Exports The United Kingdom and the European Union (EU) may soon hit Australian exports with carbon tax policies designed to compel European trading partners to reduce emissions. On March 10, Members of the European Parliament adopted a resolution to support a carbon tax, otherwise called the “carbon border adjustment mechanism” (CBAM). Details are to be presented to parliament in June at the earliest and is expected to cover the power sector and energy-intensive industrial sectors, like cement, steel, aluminium, and more. The EU Parliament said the tax’s objective is to help the region achieve net zero emissions by 2050 while preventing “carbon leakage,” where EU production would simply move overseas where carbon emission policies are less harsh. ....
The jab has also been approved for those aged between 65 and 74 years in France. President Emmanuel Macron previously described the jab as “quasi-effective” due to inconclusive data. He has since backtracked on the comments, and said he would take the jab himself. France has administered a total of 4,839,444 vaccine doses, according to Our World In Data. EU news: Leaders and officials have embraced the AstraZeneca jab, backing down from their criticism (Image: PA) EU news: Jean Castex has praised the AstraZeneca jab as ‘very efficient’ after Macron called it ‘quasi-effective’ (Image: PA) READ MORE Germany has also backtracked on their initial ruling on AstraZeneca, now approving the vaccine for over-65s. ....
EU countries started inoculations at the end of December (Image: GETTY) And so I can certainly understand the high level of anxiety that would exist in Italy and in many countries across Europe. Mr Draghi added the country was blocking a quarter of million doses because the drug manufacturer had failed to meet its EU contract commitments. Lia Quartapelle, an Italian politician of the Democratic Party (PD), said the move was legal due to EU law. He said today: I m amazed by the fact that the problem is that Italy bans the export and the problem is not AstraZeneca not delivering what is written in the contracts. ....
Australia s Prime Minister Scott Morrison (Image: GETTY) But it would appear this alliance did not deliver on its aspirations, as so far it has only administered 7.6 jabs per 100 people, a huge gap when compared with rivals the UK (31.2 people) and the US (24.3). The nations vow to help finance research into the vaccines also appeared unclear, particularly when compared with the likes of Britain and the US. According to a report by scientific data company Airfinity, the UK spent £25 per person on early COVID-19 research, committing around £1.67billion to vaccines before knowing their effectiveness. The US offered £7.9billion, at a rate of £24.02 per person, while the EU lagged behind again, spending just £3.51 per citizen, with an investment of £1.57billion. ....