A misguided group in Congress is trying to hammer out a scheme to levy tariffs on such imports as steel, cement and aluminum, whose production in certain countries supposedly causes a higher output of carbon dioxide.
This episode of What’s Ahead explains why this idea is bad. Imposing such a carbon tax is fraught with complexity. It won’t fight “climate change.”
What it will do in the real world is make certain things more expensive.
This article was originally published by Forbes.com. Read the original article here.