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EU’s Carbon Border Tax Will Damage Climate-Fighting Efforts, China Says

by Reuters
5 years ago
in News and Opinion
Reading Time: 2 mins read
A A
4

Coal mining in ChinaProposals by the European Union to establish a “carbon border tax” will damage the global community’s willingness to take joint action against climate change, China said on Wednesday.

The EU’s new climate commissioner, Frans Timmermans, said in October that research would begin on the new tax, which is aimed at protecting European firms from unfair competition by raising the cost of products from countries that fail to take adequate action against climate change.

But Europe’s proposals, together with the decision by US President Donald Trump to withdraw from the 2015 Paris agreement, would seriously harm international efforts to tackle global warming, according to Zhao Yingmin, China’s vice-minister for the environment.

“We need to send a strong political signal to uphold multilateralism,” he said. “We need to prevent unilateralism and protectionism from hurting global growth expectations and the will of countries to combat climate change together.”

Any border tax would likely raise the price of Chinese goods in the European market, and Beijing believes it would violate a core principle of the Paris agreement on climate change, which says richer countries should bear the greater responsibility for cutting emissions.

As part of its efforts to fight global warming, China – the world’s largest emitter of climate-warming greenhouse gas – has pledged to bring its emissions to a peak by “around 2030”.

Zhao said the country had also cut levels of carbon intensity – the amount produced per unit of economic growth – by 48.5 percent from 2005 to 2018, two years ahead of schedule.

But the United States says the Paris accord is unfair to American firms because it does not do enough to tackle emissions from competitors in China and India.

China’s total annual emissions stood at about 14 gigatonnes last year, according to a study published by the United Nations this week, more than twice the US level. China’s per capita emissions are about the same as Japan’s and the European Union’s.

Read rest at South China Morning Post

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Comments 4

  1. Spurwing Plover says:
    5 years ago

    Yeah from China where Christians are persicuted and is the worlds #1 polluter and leaves a gigantic carbon footprint talks about Global Warming/Climate Change Look Who’s Talking

  2. Sonnyhill says:
    5 years ago

    What a tangled web we weave , when first we practice to deceive.
    The EU is in a recession of their own making. It’s fun to watch them squirm.

  3. David Lewis says:
    5 years ago

    Countries have trade treaties with each other. A carbon border tax breaks existing treaties which would then have to be renegotiated. Just how cooperative do you think China would be in this effort? There even a risk of trade war.

    The fact that the European Union sees a need for a carbon boarder tax proves one thing that the environmental left refuses to admit. Efforts to reduce carbon dioxide emissions make everything more expensive, including manufacturing goods.

    • Chris Edwards says:
      5 years ago

      China cannot afford to start a trade war with either the EU or the USA, their fragile last minute economy depends on stupid people in the west, thats why the buckled to Trumps demands. Its very funny to see the communists in Brussels thrashing around to replace the UKs contributions and finding their homeboys in Chine the only option.

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