Wednesday, October 21, 2009

Chu vs Kerry on carbon swindle tariffs: No consensus?

Reuters Summit - U.S. carbon tariffs focus premature - Chu
To start off immediately considering tariffs "does no one good," Chu, a Nobel Prize-winning physicist said at the summit being held at the Reuters office in Washington on Oct 19-21.
Flashback: Living on Earth: Senate Climate Bill
YOUNG: The House bill included a 'carbon tariff' and that's been highly controversial. It might violate World Trade Organization rules. Chinese officials warned of a trade war. And that could throw a wrench into international climate talks coming in December in Copenhagen.
...
YOUNG: I caught up with Senator Kerry in the Senate halls. Kerry chairs the Foreign Relations Committee and has an eye on the progress toward an international agreement. He told me he thinks some sort of carbon tariff is appropriate, if done correctly.

KERRY: It is absurd to have a country think that it can just go outside of an environmental international agreement and take advantage of selling products that are high carbon content, and we should not allow that.

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