World News@lemmy.worldEnglish · 15 days ago

Europe’s carmakers risk hefty bill for carbon credits from Chinese rivals

www.ft.com

cross-posted to:
news@beehaw.org

Europe’s carmakers risk hefty bill for carbon credits from Chinese rivals

www.ft.com

schizoidman@lemm.ee to

World News@lemmy.worldEnglish · 15 days ago

cross-posted to:
news@beehaw.org

Groups failing to meet EU climate targets face a choice of paying fines, discounting EVs or buying credits

cross-posted from: https://lemm.ee/post/53195593

https://archive.is/ou4Xd

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Justin@lemmy.jlh.name
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15 days ago
It’s possible to tax the sale of credits so that the money goes to the EU instead of China, but that would be blatantly protectionist.

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