Tax on Carbon-Intensive Imports Proposed by Democratic Lawmakers

摘要

Legislation introduced Monday by Congressional Democrats would impose a tax on carbon-intensive imports that the lawmakers say could raise as much as $16 billion a year.1. Proposal from Sen. Chris Coons of Delaware and Rep. Scott Peters of California would impose import fee based on the domestic environmental cost incurred and will initially covergoods that are both carbon-intensive and exposed to trade competition -- including aluminum, cement, iron, steel, natural gas, petroleum and coal, according to a bill summary2. NOTE: Democrats Propose Tax on Carbon-Intensive Imports in Budget.