In what might be a Seminal moment in the Global effort to Fight Climate Change, the European Bloc laid out an ambitious Blueprint.
The most Radical, and possibly Contentious, Proposal, would impose Tariffs on some Imports from Countries with less Strict Rules on Protecting the Environment.
It would also mean the End of Sales of New Gas and Diesel Powered Cars in just 14 years.
If all goes through, Airlines and Cargo Ships will require Cleaner Fuels.
Steel Makers and other Manufacturers will need to Pay more for Emissions Credits.
Electricity Producers will be pushed to Speed-Up the Switch to Wind, Solar, and Hydropower instead of Coal.
The move is a Big step toward a Global Goal of reaching a Carbon-Neutral Economy by 2050.
But it’s just the Start of what will be a Bruising Two-year Negotiation among Industry, Countries, and the European Parliament.
The Tariffs, intended to Protect European Industries from Unfair Competition from Countries with Less Costly Environmental Standards, may set offGglobal Trade Disputes.
In the U.S., The Energy Department, Announced an Effort, in the Push for an Electric Grid Dominated by Solar and Wind, Reducing the Cost of Batteries to Store the Power.
NYC Wins When Everyone Can Vote! Michael H. Drucker
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