Q. ‘Carbon Border Tax’ was recently seen in the news. It means –

[A] The imposition of green tax on the companies emitting greenhouse gases at the border of the countries.

[B] A compensation payment mechanism from the high greenhouse gas emitting country to the lower greenhouse gas emitting border nations.

[C] An extra tax imposed on import of the non-environmentally friendly products.

[D] A tax imposed on products that are extremely carbon intensive.

Answer: D

Explanation – Carbon Border Tax or Carbon Border Adjustment Mechanism a policy proposed by the EU, means to tax import of products such as cement and steel, that are extremely carbon intensive.

Source: The Hindu