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The Unexpected Climate Policy That Could Tackle Both National Debt and China

Posted on AllSides October 26th, 2023
From The Left
Climate Change, Federal Debt, China
Andrew Caballero/AFP via Getty Images

Democrats want to address climate change. Republicans want to tackle our national debt. Both sides are concerned about China.

There’s a way to deal with all three issues: putting a price on carbon.

Europe is already ahead of the game. This month, the E.U. expanded the reach of its longstanding domestic carbon pricing system by instituting a carbon price at their border, creating a first-ever global incentive for other countries to charge polluters for their carbon dioxide emissions. This comes as adoption of carbon prices is steadily increasing around the world...

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