EU plan for carbon border tax will hurt global climate change drive, China says

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EU plan for carbon border tax will hurt global climate change drive, China says
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Any border tax would likely raise the price of Chinese goods in Europe, and Beijing believes it would violate a core principle of the Paris climate change agreement

As part of its national commitments to fight global warming, China — the world’s largest producer of greenhouse gas — has pledged to bring emissions to a peak by “around 2030”.Though it has not set targets to cut absolute emission levels, China has cut levels of carbon intensity — the amount produced per unit of economic growth — by 48.5% from 2005 to 2018, two years ahead of schedule, Zhao said.

China’s total annual emissions stood at around 14 gigatonnes in 2018, according to a study published by the UN this week, more than twice the US level. China’s per capita emissions are about the same as in Japan and the EU. “The targets have been determined scientifically on the basis of economic development and current national conditions,” said Zhao, adding that it would take “extraordinary efforts” to achieve them.

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