CBAM? Hot Damn! Carbon Border Adjustment Mechanisms

Green Tea Party Radio

In this episode of the "Green Tea Party," hosts Zach, Hannah, and Katie delve into the intricate world of environmental policy with a focus on carbon border adjustment mechanisms, specifically discussing Senator Lindsay Cassidy's new proposal.

The hosts explore the implications of carbon border adjustment mechanisms (CBAMs). They discuss the bipartisan nature of this approach, highlighting how it aims to address environmental issues while maintaining economic sensibility. Zach provides detailed insights into the mechanics of CBAMs, emphasizing their potential to reshape consumer behavior and benefit American businesses by imposing fees on high-polluting imports.

The discussion also touches upon the global context, comparing the U.S. approach to Europe's policies. They speculate on the potential impacts on American consumers and small businesses, suggesting that CBAMs might incentivize more environmentally responsible production globally.

Quotes from the Hosts:

- Hannah: "I'm really excited about a carbon border adjustment mechanism. This is probably one of the most exciting conservative environmental policies I think to come out in a long time because it floats everyone's boat."

- Zach: "What this [CBAM] is essentially is going to place a fee on high polluting imports from foreign countries... And I think this is a great way to place the burden of responsibility back on those countries."

- Katie: "I think that it's super exciting to see a Republican initiative that addresses some of those economic insecurities that we've been seeing lately while also improving the environment."

The episode concludes with a call to action, urging listeners to engage with their representatives and be proactive about environmental issues. The hosts' dynamic and informed conversation makes complex policies accessible and emphasizes the importance of bipartisan solutions in tackling climate change.

Books to Read

Silent Spring by Rachel Carson

Project Drawdown

Citations

Center for Climate and Energy Solutions. (2022, December 7). Carbon border adjustments. https://www.c2es.org/content/carbon-border-adjustments/

Dumain, E. (2023, November 10). Republican climate bill looks to spark carbon tariff talks. E&E News by POLITICO. https://www.eenews.net/articles/republican-climate-bill-looks-to-spark-carbon-tariff-talks/?link_id=3&can_id=f7b3e6fd90eca9101d292ebf9f78a645&source=email-climate-week-en-review-progress&email_referrer=email_2101922&email_subject=climate-week-en-review-progress

European Comission. (2023). Carbon Border Adjustment Mechanism. Taxation and Customs Union. https://taxation-customs.ec.europa.eu/carbon-border-adjustment-mechanism_en#key-elements

Hoenig, D. (2023, October 10). Potential CBAM impacts on U.S. industry. Climate Leadership Council. https://clcouncil.org/blog/potential-cbam-impacts-on-u-s-industry/

Matthew Lee, opinion contributor. (2023, November 9). The global climate solution Republicans have been looking for. The Hill. https://thehill.com/opinion/congress-blog/4302333-the-global-climate-solution-republicans-have-been-looking-for/?link_id=1&can_id=f7b3e6fd90eca9101d292ebf9f78a645&source=email-climate-week-en-review-talking-turkey&email_referrer=email_2117267&email_subject=climate-week-en-review-talking-turkey

McDonnell, T., & Zeballos-Roig, J. (2023, March 24). The GOP’s favorite carbon tax. Semafor. https://www.semafor.com/article/03/24/2023/republicans-carbon-border-tariff

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