Experts Push Global Pact On Carbon-Capped Trade

Law360, New York (July 6, 2009, 12:00 AM EDT) -- U.S. industry and trade could suffer if broad carbon regulation is enacted without first laying out ground rules with key trading partners for measuring and taxing carbon impact on imports and exports, international trade experts told members of the U.S. Senate Finance Committee on Wednesday.

At a Senate hearing on international trade implications of the American Clean Energy and Security Act, three international trade policy and law experts urged against imposing unilateral trade restrictions on imported products based on carbon content or countries' efforts to offset...
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