Relaunching transatlantic cooperation with a carbon border adjustment mechanism
7 days ago - By Bruegel
This piece was originally published by Le Monde and Domani .
On June 15, President Joe Biden will join Charles Michel and Ursula von der Leyen in Brussels for an important European Union-United States summit that aims at relaunching bilateral cooperation after four years in which it has withered. Climate change features at the top of the agenda, raising hopes about the potential role of the transatlantic partners in fostering global decarbonisation.
There is reason for optimism. The two economies share today a common climate ambition and, representing 40% of global gross domestic product...
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