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MEPs agreed to introduce a new 50-tonne threshold on imports that will exempt 90 percent of importers to the EU from the bloc's carbon levy (Photo: Alexis Haulot/EP)

MEPs agree carve out for 90% of EU-importing firms on carbon levy

EU lawmakers have agreed to exempt 90 percent of importers from the bloc’s carbon border adjustment mechanism rules in a move designed to help small businesses. 

MEPs in the European Parliament voted by 564 to 20 on Thursday (22 May), to introduce a new 50-tonne threshold on imports. The changes to the l...

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

MEPs agreed to introduce a new 50-tonne threshold on imports that will exempt 90 percent of importers to the EU from the bloc's carbon levy (Photo: Alexis Haulot/EP)

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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