Carbon-tax “protectionism” to start global trade war?
With the United States being the last major nation to accept global warming as a genuine threat to our species, it is hardly surprising that its proposed “green” protectionism is drawing the ire of nations all over the world. While doing virtually nothing to curb its own emissions, the U.S. Congress is eagerly pushing forward on legislation to punish numerous other nations who aren't “green” enough to satisfy the U.S. Among the most vigorous protesters (so far) are China, India and Canada.The gist of the proposal is that any and every product which is exported into the U.S. would be subject to import tariffs if the country's production of those goods exceeded an arbitrary U.S. standard for carbon emissions. It would apply even if there were no equivalent U.S. goods “competing” against those imports.
