US: An updated version of the Clean Competition Act (CCA) has been reintroduced to the 119th US Congress in December 2025. The legislation proposes levying a tax of US$60/t of CO2 equivalent emissions associated with selected carbon-intensive goods, according to the American Action Forum (AAF). This would then be increased by 6% each year along with a carbon border adjustment of import taxes and export rebates. It would cover goods including cement, oil, gas, coal, refining, petrochemicals, fertilisers, hydrogen, adipic acid, iron and steel, aluminium, glass, pulp and paper and ethanol. The CCA is not expected to become law in the short-term. However, the AAF reckons that it provides a, “a meaningful framework for a US legislative approach to encouraging decarbonization in the US and abroad.”