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2025-12-17 16:35:40
[European Commission Proposes Expanding Carbon Border Tax and Establishing Industry Fund] ⑴ The European Commission has proposed levying a carbon border tax on imported washing machines and machinery. ⑵ The European Commission proposes allocating 25% of the carbon border tax revenue from 2026 to 2027 to a fund to support EU industries. ⑶ The European Commission proposes establishing a system to prevent carbon border tax evasion, including using default national emission values when companies provide unreliable data. ⑷ The European Commission proposes extending the carbon border adjustment mechanism to downstream steel and aluminum-intensive products.
