Published: January 26th, 2022,
Last updated: January 26th, 2022
in climate policy, there is not only a dispute about the right climate targets, but also about concrete measures to reduce emissions. The EU wants to introduce a complicated CO2 limit levy as part of its „Fit for 55“ program. It is intended to prevent products from countries with lower CO2 prices from entering the EU market too cheaply and undermining local climate protection efforts. Ning Wang has taken a closer look at the plans and explains the lines of conflict. China is keeping a wary eye on the project, fearing high costs for its CO2-intensive industries.