We're also going to ask a lot of our industries, but we do it for a good cause," EU climate policy chief Frans Timmermans said. Scientists agree that climate change is making wildfires like the devastating one that burned Lytton, B.C., to the ground last month more likely. (Darryl Dyck/The Canadian Press)A new EU carbon market will impose CO2 costs on the transport and construction sectors — with some of the revenues put in a fund to curb low-income households' fuel bills. Tax on jet fuelMeanwhile, a tax overhaul will impose an EU-wide tax on polluting aviation fuels, which currently dodge such levies. For some EU countries, the package is a chance to cement the EU's global leadership in fighting climate change, and to be at the forefront of those developing the technologies needed.

Source: CBC News July 14, 2021 14:12 UTC