EU carbon levy coming this summer

The region's attempt to impose a carbon price on trading partners is certain to set back greenhouse gas reduction efforts

Unite: One lot of 1,000 Carbon Emission Allowances (EUA). Each EUA being an entitlement to emit one tonne of carbon dioxide equivalent gas, as further defined in the ICE Futures Europe Regulations. Data: ICE.

. . . . The European Union’s rumblings about a carbon levy on trading partners this summer grow louder by the week, with ministers openly debating …