“If we were to price carbon and then access that same fee at the border, our manufacturers would win across the board in every region of our country. We would max out capacity – which means more jobs. We would increase profit. We would increase revenue.”
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You have heard us talk here on the podcast about possible legislation involving a carbon border adjust mechanism (CBAM). A carbon border adjustment mechanism applies a tariff on imported goods based on the carbon emissions generated during their production, while also including rebates or exemptions on domestically produced exports. And this week we’re excited to...