WASHINGTON (Reuters)

President-elect Donald Trump’s pick for U.S. Treasury Secretary, Scott Bessent, expressed interest on Thursday in possibly introducing tariffs on carbon emissions during a Senate Finance Committee hearing.

> “It’s a very interesting idea that could be part of an entire tariff program,” Bessent stated. He added, “President Trump hasn’t taken office yet, but if confirmed, I look forward to working with them on various strategies, some that could be specifically aimed for carbon.”

Bessent also noted that other tariffs might target different trade practices.