February 13, 2025
Democratic lawmakers re-up bill for border-adjusted carbon tax
Senate Finance Committee member Sheldon Whitehouse (D-RI) and House Ways & Means member Suzan DelBene (D-WA) on Wednesday reintroduced a bill for a carbon border adjustment mechanism targeting energy-intensive industries. The “ Clean Competition Act ” is “aimed at making American companies more competitive in the global marketplace and tackling major sources of planet-warming greenhouse gas emissions,” Whitehouse’s office said in a statement about the bill. The proposal, co-sponsored by Sens. Brian Schatz (D-HI) and Martin Heinrich (D-NM) along with...
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