The carbon cost of imported emissions will be paid by the exporter, based on the average weekly price of European allowances and taking into account any carbon cost already paid in the country of origin.
In order to succeed, the ecological protectionism project at the borders must be diplomatically and economically acceptable. It will not work without consultation between the states.
Moreover, the regulation commits the Commission to undertaking the creation of an international climate club or “carbon club”, which could be placed under the governance of an institution such as the WTO or the OECD, which are already openly in favour of this principle. The G7 has since created its own climate club.