Steel and cement production could shift overseas as a result, undercutting the climate policy, since foreign factories would be emitting just as much or more carbon dioxide elsewhere. Temperature change is not even around the globe; some regions have already reached an increase of 2 degrees Celsius. President Biden has promised to cut the United States’ greenhouse gas emissions by 50 to 52 percent below 2005 levels by 2030. A Senate leadership aide said the Biden administration has raised the idea of a carbon border tax with lawmakers. Earlier this year, it floated the notion of taxing carbon-intensive imports as part of a broader trade policy.

Source: International New York Times July 14, 2021 23:03 UTC