|Kerry pushing for carbon tariffs|
|Written by Kristin McMurray|
|Friday, 01 January 2010 19:07|
Since over $7 billion dollars were recently ripped off from the cap-and-trade system in Europe, it was a given that John Kerry would propose a way for the idea of cap-and-trade to become an even more explosive failure.
How? The latest scheme by the Senator is to take the idea and go global. He wants to arrange a tariff on products from high carbon emitting countries.
Economist say Kerry's proposal amounts to nothing more than an economic threat to other countries. A threat which would ultimately end up hurting American businesses. Even Matthias Machnig, who previously worked as a state secretary in the Environment Ministry, described a similar proposal as "eco-imperialism."
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