Border Adjustment Tax

Loading...

I have just read an article in the Bloomberg Green newsletter which discusses carbon pricing. Indonesia has announced that it will impose a carbon tax of about $5 per ton of emissions in order to raise revenue as well as meet climate goals. Whilst this is about a tenth of the current EU ETS carbon…

Loading...
11th April 2021

Time to Push BCAs?

BCAs are currently quite a hot topic. The Sun recently reported that UK Secretary of State for International Trade (Liz Truss) will promote them at the G7 meeting in June. BCAs are also a key component of the EU’s “Green New Deal” and may well be introduced by the EU from the start of 2023.…

Loading...
Logo of Zero Carbon
1st November 2020

The Zero-Carbon Commission

The Zero Carbon Campaign (ZCC) is about as different from CCL as two organisations, with similar aims and acronyms, can get. Both organisations campaign for carbon pricing and both organisations have concluded that a carbon-dividend is vital to ensure fairness and effectiveness. But CCL is a grass-roots band of citizens whilst ZCC was set up…

Loading...

Ambrose Pritchard, writing in The Telegraph criticises the proposed Democrat Green Deal as being a dirigiste policy with an ulterior motive of ‘fuelling’ the trade war with China. He gives a very cogent explanation of the mechanics of carbon fee and dividend and why he prefers this market led method of carbon pricing. He also…

Loading...

The president-elect of the European Commission, Ursula von der Leyen, and Frans Timmermans, soon to be the new climate chief, have both spoken in favour of introducing a carbon tax on the EU’s borders in order to level the playing field for European businesses and also to encourage other regions to take stronger action on…

Loading...

British Steel, an icon of the industrial heritage of the very nation that initiated the Industrial Revolution is on the brink of collapse. Its decline since the 1970s has been precipitous and it is now facing the closure of its last plant in Scunthorpe. Carbon taxes have been squarely blamed for driving up costs that…