WORLD · SCIENCE · NOV 6, 4:58 AM ET

Europe's climate tax risks opening a new trade war with India at COP31

Reported by 9 outlets in the past day, including Euronews, Financial Times, Council on Foreign Relations.

1What happened

The EU's diplomatic stance at COP31 summit is complicated by its own political retreat on climate policy and growing global opposition to its carbon border tax. Euronews ↗

2Compared to what

Trade balance, share of the economy: -3.7%. Lower than in 88% of quarters since 1947.

BEA; net exports ÷ GDP · More in perspective

Sources

Europe's climate tax risks opening a new trade war with India at COP31 ↗Euronews
IEA chief predicts climate action comeback ahead of COP31 summit ↗Financial Times
COP31 in Turkey: What to Expect at the 2026 UN Climate Summit ↗Council on Foreign Relations
COP31 faces tough test as climate threats mount ↗France 24