January 05, 2024

CCL Training: Comparing the new Carbon Border Adjustment and Tariff Bills

37 minutes

Senate Republicans in November introduced the Foreign Pollution Fee Act to impose a carbon tariff on certain imported goods. Congressional Democrats followed this with a December introduction of the Clean Competition Act to establish a similar carbon border adjustment mechanism. Join CCL Research Coordinator Dana Nuccitelli for a training that will compare these bills and the FAIR Transition and Competition Act border carbon adjustment bill that Congressional Democrats previously introduced, and discuss the prospects for bipartisan agreement on pricing carbon pollution in products crossing US borders.

Skip ahead to the following section(s):

(0:00) Intro & agenda

(3:13) Why carbon tariffs and border adjustments are important

(8:17) Are U.S. Industries relatively low-carbon?

(12:53) CBAMs are on the way

(14:06) How are three proposed carbon tariff or CBAM bills similar and different?

(33:56) What’s next for these bills in Congress?

Presentation Slides: https://cclusa.org/carbon-tariff-slides

Further Research on CBAMs Report: https://cclusa.org/cbam-report

Foreign Pollution Fee Act: www.cassidy.senate.gov/newsroom/press-releases/cassidy-leads-introduction-of-foreign-pollution-fee-to-hold-china-accountable/

Clean Competition Act: www.delbene.house.gov/news/documentsingle.aspx?DocumentID=3711

FAIR Transition and Competition Act: www.coons.senate.gov/news/press-releases/sen-coons-rep-peters-introduce-legislation-to-support-us-workers-and-international-climate-cooperation

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By Citizens\' Climate Lobby

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