There are so many potential landmines awaiting negotiators in Copenhagen—from big-ticket items like emissions-reductions targets to financing to seemingly arcane items like forest protection—it’s hard to single out just one that could blow up the whole thing. Could carbon tariffs do the trick? China on Wednesday reaffirmed for the umpteenth time its strong opposition to carbon tariffs, or levies on goods from countries without domestic curbs on greenhouse-gas emissions
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We’ve been wonderi ng what the Senate would do about the contentious issue of carbon tariffs as it considers the climate bill. Now, it seems, we have an answer. Senate finance committee chairman Max Baucus, a man who made plain in the health-care fight that he knows how to count to 60, said a couple of interesting things today in his panel’s hearing on the job impacts of energy legislation Here’s an interesting idea: The threat of slapping carbon tariffs on “dirty” countries might just be paying dividends after all. Taiwan could become the first country in Asia to pass a carbon tax , part of the country’s plan to steadily reduce greenhouse-gas emissions to 2000 levels by 2025 |
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