Washington, D.C.—Ceres welcomes the introduction of the latest version of the Clean Competition Act by U.S. Senator Sheldon Whitehouse (D-RI), which would establish an American carbon border adjustment to protect and onshore domestic clean manufacturing and encourage cleaner production globally. The policy would generate revenue to strengthen U.S. leadership in innovation and exports of products and technologies that are increasing in global demand.Â
This bill is the latest proposal from both sides of the aisle to enact trade policy that assesses fees on imported goods that do not meet U.S. environmental standards—supporting domestic economic growth and encouraging cleaner manufacturing overseas, including through the export of U.S. technology. It sets the stage for negotiations on a final bill that advances the American economic, geopolitical, and national security interests shared by lawmakers on both sides of the aisle.Â
"The Clean Competition Act would establish a clear, strong, and predictable trade framework that strengthens U.S. competitiveness and reinforces America’s leadership in clean industry and environmental stewardship. By encouraging businesses and governments around the world to cut pollution from their production of goods and materials, this bill will help ensure U.S. leadership in critical 21st century industries remains an advantage against China and other competitors," said Zach Friedman, senior director of federal policy, at Ceres. "This market-based approach will drive additional investment in clean manufacturing, spur innovation and high-quality jobs across the country, and reduce harmful pollution. We urge lawmakers on both sides of the aisle to work together on a final policy that gives America’s businesses and workers a fair, level playing field to compete—and win—in the race to build an abundant, clean economic future for all.”Â
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About Ceres
Ceres is a nonprofit advocacy organization working to accelerate the transition to a cleaner, more just, and resilient economy. With data-driven research and expert analysis, we inspire investors and companies to act on the world's sustainability challenges and advocate for market and policy solutions. Together, our efforts transform industries, unlock new business opportunities, and foster innovation and job growth – proving that sustainability is the bottom line. For more information, visit ceres.org.Â
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