Prentice warns U.S. against border carbon tax

[CHIMO]

Source: THE CANADIAN PRESS

WASHINGTON–Imposing tariffs on imports from countries that allow greater greenhouse gas emissions than the United States will jeopardize trade and prosperity, Canada's environment minister warned Wednesday as congressional leaders debate a bill that includes such measures.

"They would constitute arbitrary discrimination," Jim Prentice told the Council of the Americas conference.

"They won't work and they threaten constructive negotiations ... trade protectionism in the name of environmental protection would be a prescription for disaster for both the global economy and the global environment."

The tariffs, known as border carbon adjustments, are included in a draft climate change bill currently being debated by Congress.



Read more: http://www.thestar.com/news/world/article/634000#

[Old Coot]

1. Are we going to tax the outsourced jobs in India? nt