France's Sarkozy Proposes European Carbon Tax on American Goods if Trump Pulls out of Climate Accord |
Written by <a href="index.php?option=com_comprofiler&task=userProfile&user=36376"><span class="small">Katie Herzog, Grist</span></a> |
Tuesday, 15 November 2016 08:57 |
Herzog writes: "On Sunday, Sarkozy told the French television channel TF1 that he would 'demand that Europe put in place a carbon tax ... of 1 to 3 percent for all products coming from the United States, if the United States doesn't apply environmental rules that we are imposing on our companies.'"
France's Sarkozy Proposes European Carbon Tax on American Goods if Trump Pulls out of Climate Accord15 November 16
Sarkozy served as the French head of state from 2007 to 2012 and is currently running for office again. His statement comes in response to the election of Donald Trump. On the campaign trail, Trump vowed to pull the United States out of the Paris Agreement, a non-binding agreement of nearly 200 nations that’s intended to prevent catastrophic climate change by limiting carbon emissions. Trump has said that climate change is a hoax invented by China to make the United States less competitive. Now, he is reportedly looking for the fastest way to withdraw from the accord. While there is a four-year waiting period to formally pull out of the Paris accord, Trump can refuse to adhere to President Obama’s pledge to cut emissions to 26 percent below 2005 levels by 2025, as well as decline to contribute to global climate funds or attend United Nations climate meetings. |