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Change in U.S. administration could shift political calculations over carbon tariffs, say advocates
By Beatrice Paez November 10, 2020
Despite facing an internal 'crisis' over its dispute-resolution system, the WTO could still serve as a way to build consensus on 'developing a climate change approach to trade,' says professor Debra Steiger.
U.S. vice-president-elect Kamala Harris and president-elect Joe Biden. The Biden-Harris campaign platform included a promise to 'impose carbon adjustment fees or quotas on carbon-intensive goods from countries' that are lagging in their climate commitments. It’s billed as a way to mitigate the competitive disadvantages domestic producers may face against foreign producers with less stringent emissions policies. Photograph courtesy of Facebook
The political winds in Canada, and internationally, could gradually shift in favour of a carbon levy on goods from climate laggards if an incoming Biden administration is able to make good on a pledge to adopt the policy, but movement on the file could be bogged down by other competing priorities, say some environmental advocates and trade analysts.
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