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Page # 2 (9-9 of 9)
Inactive working group with 1 member

Fix the failures of the Emissions Trading System (ETS) with Border Adjustment Measures on carbon emissions prices
Open to a working group

Ecology - Sustainable Development, Scale, Political domain, Industry, Public Finance - Taxation, Scale - Whole EU
Imposing a price to carbon emissions in Europe (in the form of tradeable allowances or of a carbon tax) is detrimental to the external competitiveness of European energy-intensive industries. We propose to set up a border adjustment on the price of carbon: the importer pays the internal tax (or purchases emissions allowances), the exporter is being refunded (or sells emissions allowances). The proposed policy is WTO-compatible and relies on well-proven institutions (e.g. VAT) and technologies....

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