Sen. Lindsey Graham (R-SC) said “he’s planning to introduce legislation that would slap tariffs on carbon-intensive imports, an idea gaining traction with the GOP as a climate solution,” Bloomberg reports.
Said Graham: “It’s time to take the gloves off.”
“The so-called carbon border adjustment could be a boon to domestic industries while adding incentives for countries such as China and India to reduce emissions. The idea, already embraced by Europe, also has drawn interest from the Biden administration.”
Save to Favorites