Carbon Border Tax Goes on EU Finance Ministers’ to-Consider List

European Union finance ministers meeting in Helskini agreed to consider adopting a carbon border tax on imports coming from countries that didn’t commit to the Paris Agreement.

EU presidency holder Finland, which is promoting climate change actions, also pushed ministers at the Sept. 13 meeting to consider adopting a carbon tax on transport and products to mitigate global warming.

“There was widespread support of all 28 EU countries that finance ministers must take a lead on helping the EU meet its climate objectives and that includes taxation,’' Pekka Moren, a Finnish Ministry of Finance official who is coordinating the work ...