E&E News: "Q&A: Whitehouse on Carbon Tariffs, Reconciliation Bill"
This story details Senator Whitehouse's (D-RI) new legislation for a carbon border adjustment, which he discussed at length at an RFF event in early June.
“This is an effort at carbon pricing, having there be a cost for polluting, but it’s probably a considerably easier lift than a full-on carbon price,” Whitehouse said yesterday during an event with Resources for the Future, where he detailed the legislation and his plans for getting it through Congress.
Whitehouse also noted that Manchin has been talking positively about the idea of a carbon border adjustment in recent weeks.
“He understands that we enter into international competition with carbon emissions as a factor in a very advantageous position for American manufacturing and that that’s a goal worth pursuing,” he said. “He’s looking at this bill right now, and his team are, so we’ll see where that lands.”
Whitehouse sat down with two E&E News reporters after the Resources for the Future event yesterday to talk about his bill, reconciliation and the E.U.’s CBAM.