Senator Bill Cassidy introduced the ‘‘Foreign Pollution Fee Act of 2023’’ imposing fees on GHG for certain imports. The fee covers the following commodities: aluminum, batteries, biofuels, cement, crude, glass, hydrogen, iron/steel, minerals, natural gas, petrochemicals, plastics, pulp/paper, refined petroleum products, solar cells, and wind turbines.
The fee would be assessed by 6-digit HTS as an ad valorem fee (ranging from 10%-200% as a variable rate based on "pollution intensity"). These imports will require a bond and places enforcement with CBP. According to the Fact Sheet, the bill maintains existing drawback laws and provides exemption for FTA countries. See FAQ document.