Whitehouse Says New Climate, Trade Group Boosts Carbon Border Effort

The White House’s new task force on climate and trade policies could boost congressional efforts to develop a tool to curb emissions-intensive imports, Sen. Sheldon Whitehouse (D-RI) says, promising to push for the group to seriously consider his proposal for a carbon border adjustment mechanism (CBAM). “I think we’re in a happier situation with respect to the CBAM than we have been in past conversations,” Whitehouse told U.S. Trade Representative Katherine Tai during her April 17 testimony before the Senate...