European industry revolts over EU plan to weaken carbon border tax

(Zia Weise – Politico) For once, Europe’s heavy industry is lobbying to save a climate law. Manufacturers are worried the European Commission is undermining the bloc’s new carbon tariff regime, a key pillar of EU climate policy, with a plan to give itself discretionary powers to suspend parts of the new measure. They warn the move is throwing investment plans into disarray and threatening much-needed decarbonization projects.

European industry revolts over EU plan to weaken carbon border tax – POLITICO