
Will U.S. Join The New Trade Protectionism Of Europe’s ‘Climate Club?’
On March 10th, the European Parliament overwhelmingly endorsed the creation of a “carbon border adjustment mechanism” (CBAM) that would shield EU companies against cheaper imports from countries with “weaker” climate policies. The ‘CBAM’ will raise revenues to fund the “Green Transition” or, to use a term which has been elevated to a mantra by European […]