Whitehouse Seeks Bipartisan Senate Deal On Carbon Border-Tax Legislation

Sen. Sheldon Whitehouse (D-RI) is stepping up his efforts to tax manufactured goods based on their carbon content, seeking a bipartisan agreement with a Republican colleague on a bill that would impose a carbon border adjustment (CBA) while also urging President Joe Biden to double down on the use of his executive powers including to impose such carbon tariffs. During a July 20 event hosted by the think tank Center for Strategic and International Studies (CSIS), Whitehouse said he is...