If you are interested in accelerating climate change solutions, you may be interested in the newly proposed PROVE IT Act. It will act as a precursor, paving the way for important and effective future legislation planned called a carbon border tariff or CBAM.
The proposed PROVE IT Act will study and measure greenhouse gas emissions of certain goods produced in the U.S. and other nations. The bill would require the Department of Energy to study the greenhouse gas emissions intensity of certain products. Such information is a necessary first step to implementing a carbon border tariff.
This is important because trade is one of the best tools we have to encourage other nations to reduce their emissions. A carbon border tariff would impose a fee on the extra carbon content of imported carbon-intensive goods, providing a strong incentive for foreign countries to reduce the carbon intensity of their industries. Such a tariff would also protect U.S. industries from higher-polluting foreign competition.
The European Union will begin implementing CBAM this year. It is important that America not be left behind as other countries move in this direction.
The PROVE IT act is an important bipartisan step to protect American industry and drive down global carbon pollution. I applaud Sen. John Hickenlooper’s signing as a co-sponsor, and encourage Sen. Michael Bennet and Rep. Lauren Boebert to co-sponsor the PROVE IT Act, as well. Please join me in asking them.
Susan Atkinson
Durango
