Senators introduced a plan on 19 July to tax iron, steel and other imports from countries without ambitious climate laws.
Category: United States (US)
News, indicators and facts of the work of the Green Fiscal Policy Network and our partners in the United States.
Few countries in the region have tied green components to their stimulus packages, which contain some environmentally harmful measures. Green recovery policies and strategies can help put a country on the path to economic recovery while bringing environmental and sustainability benefits.
Unpopular among the bloc’s trading partners, countries are seeking exemptions to the carbon levy, as Brussels hints alternatives to pricing may be considered to dodge
G20 finance leaders recognized carbon pricing as a potential tool to address climate change for the first time in an official communique on Saturday, taking a tentative step towards promoting the idea and coordinating carbon reduction policies.
Fossil fuel subsidies persist despite the climate crisis. They distort the energy market by keeping fossil fuel prices artificially low. Removing these subsidies must be accompanied by social programmes that will reduce the impact on the poorest household.
There is growing attention on the concept of carbon border adjustment mechanisms (CBAMs), a hypothetical form of trade restriction intended to deal with “carbon leakage”:
The proposals would offer fossil fuel companies cash to build out carbon capture technology, propping up the liquid natural gas industry.
Those who bear a disproportionate share of a carbon tax will mobilise against it … unless they are given reason not to In his classic
Democrats hope to include climate and clean energy in a second bill. It could be Biden’s last chance to pass major global warming legislation. A
The African, Caribbean and Pacific Group and the Africa Group shared a joint proposal to replace special and differential treatment provisions under the overfishing pillar