London CNN — European Union governments have reached a deal on the world’s first major carbon border tax, as part of an overhaul of the bloc’s flagship carbon market that aims to make its economy carbon-neutral by 2050. EU ministers finalized details of the Carbon Border Adjustment Mechanism early Sunday after reaching a provisional agreement […]
CNN — US climate envoy John Kerry on Thursday defended his plan to raise cash for climate action by selling carbon emission offsets to companies, telling CNN there was “not enough money in any country in the world to actually solve this problem.” Speaking to CNN at the COP27 climate summit in Egypt, Kerry said […]