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Coons: U.S. could move ‘first’ on carbon border adjustment

August 3, 2021 at 5:47 PM
The U.S. could move ahead of the EU and other allies to establish the first carbon border tax even without a federal price on carbon, Sen. Chris Coons (D-DE) said on Tuesday. Coons, who co-chairs the bipartisan Senate Climate Solutions Caucus, and Rep. Scott Peters (D-CA) last month introduced a carbon border tax proposal , that some Democrats believe should be part of a developing $3.5 trillion budget plan. Their bill, the “Fair, Affordable, Innovative, and Resilient Transition and Competition...

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