EU Seeks Climate Cooperation With U.S., China: Canfin

The video discusses the importance of climate cooperation between China, the US, and the EU, despite geopolitical tensions. It highlights China's long-term climate goals and the challenges in aligning with the Paris Agreement. The EU's border adjustment mechanism is introduced, emphasizing its WTO compatibility to avoid trade conflicts. The impact of carbon pricing on industries and the need for protectionism to maintain competitiveness are also covered.

What is the significance of the cooperation between China, the US, and the EU in terms of climate action?

How does the speaker view the long-term climate goals of China compared to the EU and the US?

What concerns does the speaker express regarding China's short-term climate actions?

What is the proposed border adjustment mechanism and its intended purpose?

How does the speaker suggest ensuring that climate measures do not lead to trade wars?

What are the implications of a €50 carbon price for European industries?

What are the key sectors mentioned that will be affected by the European carbon market?