Europe considers imposing "carbon tariffs" on climate dawdling nations

2019-12-13T19:14:00-05:00

Potential carbon tariffs have been an active topic at the United Nations climate conference that wraps up this weekend in Madrid, where nearly 200 nations have been at odds over how to counter the continued global rise of greenhouse gas emissions. And some diplomats say it’s inevitable that governments will turn to trade barriers in the effort to fight climate change.

Politico reports that as international cooperation toward achieving global carbon reduction goals falters in the face of a climate change-denying American presidential administration, European countries are considering implementing carbon tariffs on imported goods to force a change.

The United States recently moved to exit the landmark Paris Agreement.

Speaking to climate-denying countries in a statement to Politico, European Executive Vice President Frans Timmermans struck a combative tone, saying, "If you take the same, or comparable, measures there will be no need to correct anything at the border," adding, “If you don’t, then of course, at some point we will have to protect our industries.”

Trump threatens to tax all Chinese-produced goods

2019-08-02T12:58:00-04:00

According to The Wall Street Journal, President Donald Trump is moving to escalate America's trade war with China by imposing new tariffs on all Chinese-made products imported into the country.

Currently, the administration's tariff-loving trade policy has been limited mostly to industrial goods—one of several reasons why construction costs have escalated drastically over the last few years. According to The Wall Street Journal, President Trump said, “If they don’t want to trade with us anymore, that would be fine with me."

Myron Brilliant, head of international affairs at the United States Chamber of Commerce told The Wall Street Journal, “Tariffs are not the answer, escalation is not the answer. We have to be careful about actions undertaken by either government that would stir the pot and not create the best atmosphere for getting these complicated talks back on track.”

As the American Institute of Architects (AIA) indicated recently in an economic forecast for the coming 18 mon...

Archinect - News

Europe considers imposing "carbon tariffs" on climate dawdling nations

Trump threatens to tax all Chinese-produced goods