CORRECTION – New US CBAM bill could attract Manchin support, though time running out

Published 22:09 on June 8, 2022  /  Last updated at 14:15 on June 9, 2022  /  Americas, Carbon Taxes, CBAM, EMEA, International, US  /  No Comments

Legislation to implement a US carbon border adjustment mechanism (CBAM) and help the American manufactured metals industry may win support from conservative Democratic Senator Joe Manchin (D), though only several months remain for the bill to pass, a webinar heard Wednesday.

*Corrects to indicate that the CBAM bill would apply tariffs to imports that have a higher carbon intensity than US-made products, not lower*

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