The EU climate commissioner has dismissed the latest push against the bloc’s incoming carbon border tax led by China, India and Saudi Arabia as “not very credible”, and argued it would level the playing field for European companies.
The carbon border tax, which comes into force from January, was behind an attempt by the big exporters to scupper wider negotiations on climate action at the latest UN summit in Brazil.
Wopke Hoekstra also told the Financial Times that the petrostates had been “more assertive” across the board in a bid to thwart climate agreements as the shift to cleaner energy systems accelerates.
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