Commentary: Europe’s carbon tariff is the right general idea, but doomed by details
The European Union just unveiled its plan to impose border taxes on greenhouse gas polluters as part of its effort to become carbon neutral by 2050. In doing so it will become the first major economic bloc to try to enforce good climate behavior, not just on its own industries, but also on those that would sell to the EU.
The bloc does deserve credit for doing a better job at confronting the climate
