Published: July 4th, 2024,
Last updated: January 4th, 2025

A carbon pricing system for carbon-intensive industrial imports is one of the „range of options“ currently being examined by the US government to protect its own industrial base from „free-riding“ by foreign manufacturers. John Podesta, the country’s highest-ranking climate diplomat, said this in an interview with the Financial Times (FT). It would be a policy change that attempts to reconcile climate action with the fight against competition from China.