Oireachtas Joint and Select Committees
Wednesday, 1 March 2023
Committee on Budgetary Oversight
Report of the Commission on Taxation and Welfare: Discussion (Resumed)
Professor John FitzGerald:
-----they have got to be greener. Some of the steel plants in Europe have shut down and been replaced by steel plants in China. The emissions in China are greater than they would have been in Europe. As the carbon price goes up, Europe has got to adapt. As a result, the carbon-border adjustment mechanism is important. They have not signed off on this yet.
No comments