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Biden calls for half of new cars to be electric or plug-in hybrids by 2030
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Biden aims for big boost in electric cars by 2030
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The European Union rolled out a plan this week to impose “climate tariffs” against countries that lack aggressive emissions-reduction policies, potentially presaging a trade conflict that could complicate the fight against global warming.
Not to be outdone, Senate Democrats as part of a sprawling $3.5 trillion infrastructure and climate spending plan this week pledged to impose a “polluter import fee” on exporters of carbon-intensive goods, though it is far less detailed than the EU’s plan.
Taken together, the moves show that government leaders are embracing mixing protectionist trade policy with combating global warming, an issue that requires international cooperation to address.
Natural Gas Export Market Searching for Stability in the Wild West of Carbon-Neutral Trading - LNG Spotlight
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