EU lawmakers call for carbon border costs by 2023, eventually for all industry

Lawmakers in European Parliament's environment committee on Thursday adopted a report calling on the European Union to impose carbon costs on imports of electricity and polluting industrial goods no later than 2023.

The committee said emissions-based charges should eventually be applied to all products sold into the EU which are currently covered by the bloc's carbon market - among them steel, cement, paper and glass.

The lawmakers will rubber stamp their position with another vote on Friday. The report aims to inform the European Commission's upcoming carbon border policy, which it will propose in June.