The problem for backers of U.S. carbon pricing isn't that there's no Beltway interest — some of Washington's most powerful officials and K Street interests like the idea. It's that the timing never seems to work out.
Driving the news: "President Biden believes that at some point in time we need to find out a way to have a price on carbon that’s effective," John Kerry, President Biden's special climate envoy, said at a briefing in India last week.
Two Korean electric vehicle battery makers have reached a last-minute settlement, saving President Biden from a Sunday deadline to decide whether to intervene in the global trade secret dispute.
Why it matters: The deal between SK Innovation and its rival, LG Chem, "averts a 10-year import ban on SK Innovation Co.'s products and protects thousands of jobs in the politically important state of Georgia," according to Bloomberg, which first reported the news.