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NFTC Issues Policy Recommendations on Trade-Related Aspects of Climate Legislation
Date: 9/18/2009
Written By: Jennifer Cummings, The Fratelli Group for NFTC, 202-822-9491

Washington, DC - As the Senate begins crafting its climate bill and with the United Nations Climate Change Conference in Copenhagen just a few months away, the National Foreign Trade Council (NFTC) today released a set of policy recommendations to guide the development of legislation that will both promote U.S. economic interests and meet global environmental goals.

The NFTC recommended that domestic legislation should encourage global agreement on climate change, including an international framework for dealing with trade-related climate measures; comply with U.S. trade obligations and promote trade; stimulate green innovation and technology production; and lower green trade barriers. The NFTC also raised concerns about certain aspects of trade and competitiveness provisions in the House-passed American Clean Energy and Security Act of 2009 (ACES), chief among them carbon tariffs and border adjustment measures.

To read the full recommendations, click here.
 

About the NFTC
Advancing Global Commerce for 95 Years - The National Foreign Trade Council is a leading business organization advocating an open, rules-based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves hundreds of member companies through its offices in Washington and New York.


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