As far as I'm concerned this is the driver of IGO's mid-term future:
"Another recent Horizons report, Playing by new rules: How the CBAM will change the world, looked at the impact of the EU’s new carbon border adjustment mechanism. One of its key predictions was that the CBAM would push other leading economies towards imposing their own fees on the embedded emissions of imported products. Last week the push to introduce a similar mechanism in the US took a significant step forward, with the launch of new legislation that would impose a fee on products imported from countries with high greenhouse gas emissions. The proposed “foreign pollution fee” is backed by Republicans led by Senator Bill Cassidy of Louisiana."
All IMVHO.
New all time high, page-218
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