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the world is gradually shifting towards a Greener future in a bid to safeguard our planet from the ongoing climate crisis in a first after all night negotiations the European Union have struck a political deal to impose a carbon dioxide emissions tariff on Imports of polluting Goods such as steel and cement a world first scheme aiming to support European Industries as they decarbonize negotiations from the EU countries and the European Parliament reached a deal at around five in the morning in Brussels on the law to impose carbon dioxide emissions costs on Imports of Iron and Steel cement fertilizers aluminum and electricity so what does this mean for the companies who want to carry out their business in the European Union companies importing Goods into the EU will be required to buy certificates to cover their embedded CO2 emissions the scheme is designed to apply the same CO2 cost to overseas firms and domestic EU Industries the latter of which are already required to buy permits fr...
