Daily on Energy: Democrats push to impose carbon tariffs

Contributing sentiments towards policy:

61% : To shift to a sustainable trajectory, we need to massively step up investment in clean energy technologies - especially renewables and energy efficiency."
59% : "This clean electricity standard is about investing in clean energy," Smith said.
58% : Democrats would likely propose setting up annual targets for each utility to hit in terms of growing its share of clean energy.
57% : In a new report, IEA projects a 5% rise in power demand in 2021, with almost half of the increase met by fossil fuels -- including coal -- which could push emissions from the electricity sector to record levels.
53% : If they hit their targets, utilities would get money from the federal government that they could use for a variety of purposes, such as paying for the transition to clean power, reducing customer power bills, or providing benefits to workers at fossil fuel plants.
47% : Senate Democrats are proposing to impose tariffs on carbon-intensive imports to help pay for their $3.5 trillion tax and spending infrastructure proposal, in a surprising move that opens up a web of complex questions.
45% : Their push came on the same day that the European Union unveiled its own long-anticipated carbon border adjustment as a way to prevent domestic industries from moving overseas to escape the bloc's aggressive new plans to raise the price of using fossil fuels.
44% : While the U.S. and European Union are introducing aggressive climate plans aimed at phasing out fossil fuels from electricity, the International Energy Agency offered a harsh reality check this morning about the challenge ahead.

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