New Carbon Tax System by EU Will Raise Legal Concerns

The EU wants cargo vessels to be part of the bloc’s carbon market, but new fees will amount to a tariff for importers and exporters.
Shipping companies aren’t currently included in the EU Emissions Trading system. A container ship at the Port of Hamburg in Germany in August.
The European Union’s drive to use financial pressure to cut greenhouse-gas emissions risks inflaming tensions over international trade.
The European Parliament voted this month to require that oceangoing ships pay for the...