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 […]

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Geopolitical Futures (GPF) was founded in 2015 by George Friedman, international strategist and author of The Storm Before the Calm and The Next 100 Years. GPF is non-ideological, analyzes the world and forecasts the future using geopolitics: political, economic, military and geographic dimensions at the foundation of a nation.