This training provides a detailed explanation of the Foreign Pollution Fee Act introduced by Senator Cassidy (R-LA). CCL Research Fellow Dr. Danny Richter outlines the bill's objectives, including creating a tariff on carbon emissions embedded in imported goods, promoting international coordination on climate policy, and establishing a carbon accounting infrastructure. Danny discusses the bill's specifics, such as the tiered tariff rates based on pollution intensity relative to the U.S. baseline, the inclusion of various greenhouse gases and emissions scopes, and the aggressive enforcement measures. He also places the bill within its political context, highlighting bipartisan interest, the different approaches of its sponsors, and the reasons behind CCL's support, emphasizing its potential to reduce emissions and build on previous advocacy.
