Bull Hedging
  • Politics
  • Stocks
  • Business
  • Investing
  • Politics
  • Stocks
  • Business
  • Investing

Bull Hedging

Politics

GOP bill targets United Nations’ global carbon ‘tax scheme’

by admin October 21, 2025
October 21, 2025
GOP bill targets United Nations’ global carbon ‘tax scheme’

A new House GOP bill would block the United Nations (U.N.) from forcing the U.S. to take up any new tax that was not explicitly levied by American taxpayers’ own government.

It’s expected to be introduced this week, as the world awaits a U.N. vote on a global tax on carbon emissions made via international maritime shipping. 

Member states of the UN’s relevant body, the International Maritime Organization, voted late last week to postpone consideration of the global tax by a year after fierce pushback by President Donald Trump.

Pfluger’s bill would ensure that the U.S. would not be subject to that tax nor any other fiscal penalties ordered by the international organization, unless ratified by the Senate.

It would also prohibit the U.S. government from funding any global carbon tax, as well as block voluntary contributions to the U.N. by the U.S. if such a tax was levied.

The proposal for a global maritime shipping tax on carbon emissions was championed by Brazil and the European Union, among other countries that had also been advocating for more environmentally friendly international trade.

Its chief opponents were the U.S. and Saudi Arabia, the largest and second-largest oil producers in the world, respectively.

Republican Study Committee (RSC) Chair August Pfluger, R-Texas, is leading the legislation, alongside RSC Energy Task Force Chair Troy Balderson, R-Ohio, and Task Force Vice Chair Randy Weber, R-Texas.

Pfluger told Fox News Digital, ‘This fight isn’t over,’ despite the U.N. punting the vote.

‘This legislation would kill their global carbon tax scheme permanently by depriving all U.S. funding to any U.N. agency that attempts to impose a tax on the American people and ensuring Congress has a say in all taxes, fees and penalties on American citizens or companies,’ he said.

Balderson said he was ‘grateful to President Trump and Secretaries Rubio, Wright and Duffy for standing up to the United Nations and forcing the International Maritime Organization to back down.’

‘Unelected global bureaucrats at the U.N. are trying to build another slush fund, and they expect Americans to pay for it,’ Weber said. ‘A global carbon tax wasn’t on the ballot in November 2024, and the American people sure didn’t vote for a 10% hike in costs.’

This post appeared first on FOX NEWS

previous post
US to expedite nuclear-powered subs to Australia that will sit near China’s doorstep
next post
Hamas transfers coffin of dead hostage to Israel, IDF confirms

Related Posts

‘Perfect storm brewing’ that will leave many aging...

March 12, 2025

FBI fires a dozen after Biden-era subpoenas of...

February 28, 2026

Democratic congressman hurls profanity-laced message at Stephen Miller

June 26, 2025

Protesters storm US Consulate in Pakistan, at least...

March 2, 2026

NSC confirms Mike Waltz and staff used Gmail...

April 2, 2025

Trump learns a lesson grounded in faith, how...

August 25, 2025

Judge rules evidence linked to James Comey’s ally...

December 7, 2025

DOGE’s greatest hits: Look back at the department’s...

April 30, 2025

‘FOOD BABE’ VANI HARI: Don’t boo the MAHA...

April 6, 2025

‘Twisted irony’: Democrats risk betraying their own pet...

November 8, 2025

Recent Posts

  • 171 million travelers face airport delays as Democrats’ DHS shutdown hits TSA staffing, Scalise warns
  • FDA launches new AI-powered system to track drug and vaccine side effects nationwide
  • Cornyn reverses on filibuster stance to push Trump’s SAVE Act in Senate
  • DAVID MARCUS: Sen Thune has no idea how mad the GOP base is at him
  • Trump touts 5-0 sweep by endorsed candidates in Tuesday primary elections

Recent Comments

No comments to show.

About Us

About Us

Design Magazine

Welcome to Design Magazine. Follow us for daily & updated design tips, guide and knowledge.

Stay Connect

Facebook Twitter Instagram Pinterest Youtube Email

Recent Posts

  • 171 million travelers face airport delays as Democrats’ DHS shutdown hits TSA staffing, Scalise warns

    March 12, 2026
  • FDA launches new AI-powered system to track drug and vaccine side effects nationwide

    March 12, 2026
  • Cornyn reverses on filibuster stance to push Trump’s SAVE Act in Senate

    March 12, 2026
  • DAVID MARCUS: Sen Thune has no idea how mad the GOP base is at him

    March 12, 2026
  • Trump touts 5-0 sweep by endorsed candidates in Tuesday primary elections

    March 12, 2026
  • US destroys 16 Iranian mine boats as Strait of Hormuz oil showdown escalates

    March 12, 2026

Editors’ Picks

  • 1

    Environmental Approval for Boland Infield Studies & Update on Scaled Column ISR Test

    September 19, 2025
  • 2

    Small Caps are Set to Skyrocket in 2025—Here’s What You Need to Know

    December 12, 2024
  • 3

    Ad revenue should stabilize for media companies in 2025 — if they have sports

    December 31, 2024
  • 4

    Trump leaves China guessing what his next move is with unusual inauguration invitation

    December 15, 2024
  • 5

    Zinc Stocks: 4 Biggest Canadian Companies in 2025

    January 15, 2025
  • 6

    Uranium Price Forecast: Top Trends That Will Affect Uranium in 2025

    December 19, 2024
  • 7

    Lead Price Forecast: Top Trends for Lead in 2025

    January 11, 2025
Promotion Image

banner

Categories

  • Business (630)
  • Investing (3,251)
  • Politics (3,955)
  • Stocks (1,072)
  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Copyright © 2026 bullhedging.com | All Rights Reserved