US signals a turn to the green on trade and asks world to follow (Agri-Pulse)

Agri-pulse published an article on how the U.S. was one of nine countries critical of the European Union last year when it unveiled a plan to tax imports based on their carbon footprint, but that was under the Trump administration. Now the Biden administration is signaling a stronger kinship to the EU’s push to reduce greenhouse gas emissions on an international scale.  “The benefits of global trade can serve as a powerful incentive for raising environmental standards and creating a sustainable, global economy.  It would be reasonable for countries or trading alliances to erect carbon adjustment taxes on imports if farmers and ranchers there have to operate under strict and expensive environmental regulations,” says Joe Glauber, a senior research fellow at IFPRI.