Europe to Bolster Carbon Border Levy Criticized by US and China

The European Union plans to expand an incoming emissions charge on imported goods as part of efforts to strengthen a flagship climate policy that’s aimed at protecting the bloc’s industries during the green shift.

The EU has pressed ahead with its Carbon Border Adjustment Mechanism — which covers six emissions-intensive sectors — despite criticism from trading partners from the US to China. On Wednesday, it plans to propose measures to extend the levy to some assembled goods such as cars and washing machines to help close loopholes, according to a draft seen by Bloomberg.

The EU introduced CBAM to safeguard ...