[. . .the bill provides for trade sanctions against countries that do not impose controls on carbon emissions by levying tariffs on certain goods from those countries.]
I knew something was still missing from the list of economic damages the current congress has inflicted: TRADE WAR.
I knew something was still missing from the list of economic damages the current congress has inflicted: TRADE WAR.
Of course, it's not those countries that will be paying those 'trade sanctions" (read import levy) it's the American consumer of these goods. (namely Alberta tar sand oil, which really isn't "dirty", but that's the boogy man media has placed on it.)
The price of gas is really going to climb people, and it WON'T be hinged to the price per barrel. When THAT goes up, we will have $10 PLUS gas. And very soon.
The cost on goods because of transportation alone will skyrocket, never mind the price increases due to manufacturing them with extremely expensive oil and electricity.