Carbon border adjustment mechanisms: Will innovative climate policy launch a trade war?
https://www.atlanticcouncil.org/blogs/new-atlanticist/carbon-border-adjustment-mechanisms-will-innovative-climate-policy-launch-a-trade-war/
Article From The Atlantic Council
6/29/2021
"The Biden administration may only be several months old, but its statements and actions have already raised the global profile of climate issues.
The new climate czar, John Kerry, has been traveling the world to secure bilateral pledges of more aggressive action to combat climate change. And expectations are rising for a new consensus on collective mitigation activities at the 26th United Nations Climate Change Conference of the Parties (COP26) in Glasgow, Scotland in November.
These are welcome developments, particularly when coupled with new regulatory actions by large emitting economies, including China and India, to reduce their carbon footprints and the game-changing possibilities of the European Union (EU) moving forward on its own green deal."
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Meeting head on with the challenges of getting all the global parts finally moving in the same direction is taking place, but certainly guarantees to be met with more difficult negotions as the global balancing act continues forward.
Thank you
climate czar, John Kerry, for your skilled knowledge of negotiating on a Global scale.
There is certainly a deicate balance in reaching total compliance with even the more stubborn of nations.