EU, US Green New Deal, China Carbon Market effective 16 July

https://www.nytimes.com/2021/07/14/climate/carbon-border-tax.html
https://www.nytimes.com/2021/07/14/world/europe/climate-change-carbon-green-new-deal.html

"The aim is to help slash the E.U.’s overall greenhouse gas emissions 55 percent below 1990 levels by 2030."

"Companies abroad that wanted to sell cement, iron, steel, aluminum, fertilizer or electricity to the E.U. would also be required to pay that price for each ton of carbon dioxide they emit in making their products."

"In the United States, Democrats on Wednesday proposed their own version of a tax on imports from countries that lack substantial climate policies as part of a $3.5 trillion budget plan"

(1) Notice how rare earth oxides is missing from that list (obviously) Lynas sells some REO to Siemens for wind turbines, so Lynas will have 0 extra tax.
(2) EU previously wanted 40% reduction in GHG by 2030: https://ec.europa.eu/clima/policies/strategies/2030_en, with now the new proposal wanting a +15% extra reduction to 55% by 2030! Previously renewables would account for 32% of their total enery mix, now it's increased to 38.5% (+6.5%)
(3) The US is also adding pace to their Green New Deal, which will possibly be passed via budget reconcilliation (ie without Rep support).

https://www.france24.com/en/live-news/20210716-q-a-what-is-china-s-carbon-trading-scheme
China's new Carbon Market is effective today (16 July 2021). Each company will receive a quota on how much they can pollute, the will be issued fines on the extra amount. Although CO2 per tonne is $8 currently for China (EU is at $57, which will rise to $90 by 2030), experts say it needs to rise for more serious GHG reduction action.