Carbon taxes collapse as they don’t account for imports correctly.
There is a solution for this, called a CBAM, Carbon Border Adjustment Mechanism. One just went into force across the EU. It should appeal to US politicians, because it advantages the relatively clean US manufacturing base.
alt Hacker News
There is a solution for this, called a CBAM, Carbon Border Adjustment Mechanism. One just went into force across the EU. It should appeal to US politicians, because it advantages the relatively clean US manufacturing base.