EU keeps carbon border tax unchanged despite fertiliser price crisis

The European Union has decided to maintain its carbon border tax despite the ongoing fertiliser price crisis, which has caused significant cost increases for farmers. While the EU's carbon pricing rules aim to shield domestic industries from cheaper, less environmentally friendly imports, the resulting higher fertiliser prices are now placing a heavy burden on agricultural sectors. This decision highlights the complex balance the EU is trying to strike between environmental protection and economic impacts, raising questions about the long-term sustainability of such policies.