G7 Club Aims To Compare Countries’ Climate Rules, Aiding Trade Policy

Experts are outlining early details of a “Climate Club” hosted by the Group of 7 wealthy nations, including a core mission of improving the ability to compare countries’ decarbonization efforts that could ease some countries’ ability to impose tariffs on certain high-carbon goods from countries taking less action to cut emissions. Steffen Meyer, director general for economic, financial and climate policy at the German Federal Chancellery, told a Sept. 14 event that the club will aim to include a broad...