The European Union has taken a step closer to adopting a groundbreaking carbon tax law that would impose a tariff on imports from countries that fail to take strict steps to curb their greenhouse gas emissions. E.U. member states and the European Parliament reached a preliminary agreement on the proposed law on Monday night, and while the bill has yet to undergo legal checks and get final approval, E.U. officials said they expected it to easily clear the final hurdles. “A historic agreement,” said Pascal Canfin, the chair of the…
Europe Reaches Deal for Carbon Tax Law on Imports
