Climate change is splitting the parties, with the Democrats saying it is their top issue and Republicans saying it is either a “hoax” or unimportant. Voters will have their say in 2020 — but so will Europe, which is intimating it may penalize U.S. manufacturers for Trump’s stance.
Responsibility of USA on global climate policy and greenhouse effect. Man standing on ice in front of the desert wasteland with american flag.Climate change is emerging as a key issue between the two political parties and one that most Democrats see as a top priority. To that end, the Democratic presidential candidates all back carbon-cutting actions while the Donald Trump-led Republican Party considers the matter a non-issue.
The United States, meantime, is co-existing in a world in which its trading partners are giving the highest consideration to global warming: French President Emmanuel Macron is calling for a carbon tax and for a fee on those goods entering his country that do not price carbon,magazine notes. If the other members of the European Union do the same, it would increase the price of all manufactured goods leaving the United States and heading to Europe. Among the U.S.
It also would provide a tax credit for transportation fuels that are at least 25% cleaner than average. The bill furthermore eliminates the per-manufacturer cap on the tax credit for electric vehicles and extends the credit for fuel cell electric vehicles. And it has performance-based tax credit for energy efficient homes and tax deduction for energy efficient commercial buildings. The value of the tax credit would increase as more energy is conserved.
To be sure, neither the House nor Senate bills will get enacted into law given that Republicans control the U.S Senate and Trump occupies the White House. The sentiment among those who oppose such efforts ranges from climate change is a hoax to the price tag for take such action is too high to the nation has more pressing priorities — the argument that Secretary Mike Pompeo and EPA Administrator Andrew Wheeler have given.
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