With any policy there is a serious risk of unintended consequences, however.
If this policy does not explicitly include trade, there’s a real risk that European companies will lose in the market as their products are more expensive compared to high pollution imports, or they’ll be forced to move manufacturing to locales where they are permitted to pollute more, both of which are bad for the EU and the world.
If this policy does not explicitly include trade, there’s a real risk that European companies will lose in the market as their products are more expensive compared to high pollution imports, or they’ll be forced to move manufacturing to locales where they are permitted to pollute more, both of which are bad for the EU and the world.