The Republicans Pushing a Carbon Tariff

WSJ Opinion: Potomac Watch

The Wall Street Journal

News, Society & Culture

4.2 • 2.8K Ratings

🗓️ 21 November 2023

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

Sens. Bill Cassidy and Lindsey Graham back the Foreign Pollution Fee Act, which would tax imports from China and other countries with higher carbon emissions than the U.S., but is this protectionist interference in the economy? Plus, Major League Baseball gives Atlanta the 2025 All-Star Game, though Commissioner Rob Manfred doesn't say sorry for pulling the 2021 event over the state's election law. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Tech News briefing is supported by F.T.I. Consulting
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0:09.6	organizations turn to and there are moments of truth.
0:13.0	Learn more at FTi Consulting.com.
0:16.0	From the opinion pages of the Wall Street Journal,
0:22.0	this is Potomac Watch. on the in Congress as Major League Baseball announces the 2025 all-star game will be held in Atlanta, Georgia
0:37.7	despite the state's new voting law.
0:39.6	Welcome, I'm Kyle Peterson with the Wall Street Journal.
0:43.0	We are joined today by my colleagues,
0:45.4	columnist Alicia Finley and Kim Strassal.
0:49.4	Alicia, let's start with a journal's recent editorial.
0:52.4	The headline is
0:53.1	Republicans for a carbon tax and it's about a Senate bill that would impose
0:57.7	tariffs on imports to the United States based on their carbon intensity.
1:03.2	Can you give us a sense of where the support is coming from and what this legislation
1:08.4	would actually do?
1:09.6	So this idea for others referred to as carbon border adjustment has been percolating in Congress for a few years
1:16.8	has actually drawn some support from both Republicans and Democrats,
1:21.0	one because Democrats viewed as a big revenue raise,
1:24.0	and a lot of Republicans are protectionist
1:27.0	and they want to protect US industries
	...

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