6 hours ago
> As Moroccan firms will already pay a carbon price domestically, their exports are likely to avoid additional CBAM charges at the EU border, helping them remain competitive
As per some reports, EU was not agreeing to a similar proposal from India.
7 hours ago
This became just more regulatory moat-building to protect the lagging domestic European auto industry. And by 'auto industry' it means the industry of 2-3 countries. And that means basically 2-3 brands and no more. Other economic regions will retaliate in kind.
12 hours ago
Hopefully, there will be as many complaints about this (which will increase the cost of everything) as the Tariffs Trump imposed.
10 hours ago
Why? If prices rise as a result of this, it will be because customers now have to pay for the pollution that their products cause, rather than get to use the atmosphere as a free sewer.
Meanwhile Trump's tariffs are capricious and chance every month without rhyme or reason.
7 hours ago
> rather than get to use the atmosphere as a free sewer
The only way not to do that is to stop breathing and breeding. Or go back to the trees but that the same thing.
> it will be because customers now have to pay for the pollution that their products cause.
Pay to whom? And for what purpose? This excuse for another tariff isn't going to reduce pollution at all, it just adds another tax to be consumed by some newly minted private and public bureaucrats whose only contribution the world will be flavored methane.
"Tax the people to save the world" is a vicious lie.
> Meanwhile Trump's tariffs are capricious
Bad or good excuses don't change the facts or effects of tariffs, tariffs aren't a tool for preventing pollution and haphazardly using them for that purpose triggers other economic and political consequences without doing anything for the stated objective.
6 hours ago
> The only way not to do that is to stop breathing and breeding. Or go back to the trees but that the same thing.
Not a productive comment for this website.
> And for what purpose?
So that local companies that have to pay for their pollution are not at a structural disadvantage against companies in other parts of the world where they can pollute for free.
> tariffs aren't a tool for preventing pollution and haphazardly using them
Why are they not a tool for preventing pollution? And what is haphazard about this application?
7 hours ago
Not who you were responding to, but most people don't really care about the reason of a price increase, only the price increase itself.