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Democrats are eyeing a tax on imports [a/k/a tariffs] from countries that don't have strong policies aimed at combating climate change, seeking to include such a tax in a wide-ranging spending package that could pass without Republican votes.
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Carbon border taxes is an idea that is increasingly getting interest from policymakers across the globe, with the European Union proposing a similar idea this week.
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Democrats said that they are interested in an import tax in an effort to ensure that other countries don't undercut [BWAH!] U.S. efforts to combat climate change. ... Democrats' budget deal comes the same week that such a tax was included in a RAFT of ambitious emission reduction proposals by the European Union. The European Commission's proposed carbon border tax would apply to importation of products such as carbon-intensive cement, electricity < DESERTEC wipes tears > and steel. The proposal calls for the tax to take effect in 2026.
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Democrats have not proposed a carbon-pricing system in their budget deal. The White House has declined to either endorse or rule out a carbon-pricing system. In June, Sen. Sheldon Whitehouse (D-R.I.) said there "may be a very big fight in the Senate on this issue when we get to where the Senate has a role."
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"I will make sure as chairman of the Senate Finance Committee that no carbon policy hits working people and working families," [Sen. Ron Wyden] said
REDD+ is ded
by Cat on Sun Jul 18th, 2021 at 01:06:05 PM EST
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