An eco-tariff, also call as an environmental tariff or carbon tariff, is the trade barrier erected for the goal of reducing pollution and reclassification the environment. These trade barriers may take believe the hit of import or export taxes on products that have the large carbon footprint or are imported from countries with lax environmental regulations. The submission EU Carbon Border adjustment Mechanism would be a carbon tariff.
Although the United States has in the past been accused of dragging its feet on implementing hard new anti-pollution measures, it was the originator of a legislative proposal suggesting an environmental tariff be applied against exporting countries whose exports gained significant make up advantages due to less stringent environmental regulations. The presentation legislation was tabled as the International Pollution Deterrence Act of 1991 and was introduced in its Senate in April of that year.
Negotiations took place in 2001 Doha, Qatar towards the good of work related issues concerning the execution of present agreements. This was a mandated conference dubbed the Fourth Ministerial Conference. One of the issues discussed concerned the issues of trade barriers on environmental goods and services. The statement of which was ministers agreeing to a reduction or family up removal of tariff and non-tariff barriers to environmental goods and services such as catalytic converters and air filters to name a few.
A notable feature of the proposed U.S. International Pollution Deterrence Act was the international pollution rule index it cited within its bit 5, which read:
INTERNATIONAL POLLUTION sources INDEX
Section 8002 of the Solid harm Disposal Act 42 U.S.C. 6982 is amended by adding the following new subsections at the end thereof:
`t The admin shall prepare, within one hundred and twenty days of the enactment of this piece and yearly thereafter, a pollution control index for regarded and identified separately. of the top fifty countries pointed by the combine of Trade and Investment of the Department of Commerce based on the benefit of exports to the United States from that country's attainment of pollution control standards in the areas of air, water, hazardous damage and solid waste as compared to the United States. The purpose of this index is to degree the level of compliance within each country with specification comparable to or greater than those in the United States. The admin shall analyze, in particular, the level of technology employed and actual costs incurred for pollution control in the major export sectors of each country in formulating the index.