Senators attack carbon tax proposals on US imports

Senators attack carbon tax proposals on US imports:

"Senators attack carbon tax proposals on US imports

Sarah O’Connor
Financial Times
Thursday, July 9, 2009

Senior Democrat senators said on Wednesday they would change a provision that imposes carbon taxes on imports following warnings that the clause in the House’s cap-and-trade bill could spark a global trade war.

The House’s bill contained tough provisions to impose carbon tariffs, aimed at protecting American companies’ competitiveness against imports from countries without equivalent carbon emission controls to those in the US".