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You might be interested in the EUs new carbon border adjustment tax. https://www.ft.com/content/51e6bd85-dbb2-4071-b635-8ab9bd2ab95b https://www.ft.com/content

• londons_explore 4y ago
  It appears that all solutions to this problem require one of: * All countries to agree on an incentive scheme (unlikely - although big trading blocs like EU/China/Russia/USA might be able to bully the rest of the world into it with the threat of sanctions if they do not agree) * Some countries to agree on a scheme, and to break WTO rules to penalize (carbon tax) imports and subsidize exports to/from those who do not. Or... the world continues on the current trajectory of decarbonizing highly visible things only (Electric cars, solar panels on the roof!) to appease voters while avoiding decarbonizing anything that much affects nationwide competitiveness (eg. steel/fertilizer production).