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Carbon Tax Plus Border Adjustment
The border adjustment has two critical components. One is to levy taxes on imported goods, so that etariff that you just talked about, jeremiah. Another critical component is export rebat and so if you s producers they're producing goods and exporting those and selling those to foreign consumers, i they would not be taxed. In other words, they would get a rea export rebait. And so with a boarder ent, a carbon tax is basically taxing based on consumption instead of productiona producers,. They would be agnostic to wear their production facilities are, a you know, whether they're producing overseas or within America. If they want to sell to american consumers, they