Carbon tariffs resurface in Copenhagen aftermath

Press quote (
08 January 2010

Experts expect carbon border tariffs to make a comeback in the post-Copenhagen debate as carbon-intensive industries seek to protect domestic production from international competitors. "I think there is a very real risk following Copenhagen that governments, particularly within the EU, will argue more strongly for border tax adjustments," said Simon Tilford, chief economist at the Centre for European Reform (CER), a think-tank. He cited the bleak economic outlook, the "extreme strength" of the euro and the disappointing contribution by a number of other major governments as the grounds for such calls.