Tobin Harshaw, Columnist

The Planet Can't Afford Biden's China EV Tariffs

It would have been great if we had begun cutting carbon emissions 50 years ago. It will be suicide if we don’t start doing it today.

May 26, 2024 at 12:00 PM UTC

By Tobin Harshaw

Tobin Harshaw is a Bloomberg Opinion senior editor and columnist on national security and military affairs. Previously, he was deputy editor at the op-ed page of the New York Times and the newspaper’s letters editor.

Electric.
Photographer: Yoshikazu Tsuno/AFP/Getty Images

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What’s $215 trillion between friends? Well, even if those “friends” are the US and China, it’s a heck of a lot of money: enough to cover their combined annual budgets for the next two decades. Or to go halfsies on a trillion Barbie Dreamhouses at Amazon. Or, according to the number-crunching maestros at BloombergNEF, it’s what’s needed to zero out carbon emissions.