The EU would tax jet fuel, ban new gasoline and diesel cars after 2035 and impose a ‘carbon border tax’ on imports of ‘dirty’ steel
, the BBC reported last night from Brussels. The plan, which has to be approved by the European Parliament, would implement a 10-year goal set last fall by the EU Commission to cut carbon emissions by 55% from 1990s levels. The biggest impact on Ukraine would be exports of steel. Steelmakers in Ukraine already are announcing multi-billion dollar investments to comply with expected EU norms.