Brief: Reactions to the EU Carbon Border Tax
Unsurprisingly, Russia doesn’t like it.
Background: When the European Union drafted its most recent long-term budget (2021-27), it prioritized technological advancement and innovation over other areas such as cohesion. Sustainable energy is a major part of it. And so in July, the European Commission adopted the “Fit for 55” package, which means to reach carbon neutrality by 2050. Included in […]