Carbon tax loophole could flood Europe with emissions heavy metal
Carbon tax loophole could flood Europe with emissions heavy metal
EU aluminium producers warn that a carbon border tax loophole allows heavily polluting Chinese exports to be marketed as zero-carbon. This regulatory flaw enables the circumvention of environmental standards, threatening to flood the European market with emissions-intensive metal disguised as sustainable goods. The situation highlights a critical greenwashing risk, where technical definitions permit high-carbon products to claim eco-friendly status, undermining genuine climate efforts.
Source: afr.comPublished on 2023-07-10