Senate Democrat's bill would allow sanctions for 'egregious' actions causing climate change

Senate Democrat's bill would allow sanctions for 'egregious' actions causing climate change
© Greg Nash

Sen. Ed MarkeyEdward (Ed) John MarkeyWarren proposes 'Blue New Deal' to protect oceans There's a lot to like about the Senate privacy bill, if it's not watered down Trump administration drops plan to face scan all travelers leaving or entering US MORE (D-Mass.) proposed a bill Monday to allow more sanctions against foreign companies and individuals for “egregious behaviors” that contribute to climate change. 

The bill, titled the "Targeting Environmental and Climate Recklessness Act of 2019," would call the president to “prioritize action against, and deterrence of, egregious behaviors that undermine efforts” to stop climate change, according to a press release from Markey’s office.

Markey's proposed bill would permit the president to remove companies’ and individuals’ access to U.S. financial institutions and block visa requests to push other countries to cooperate to combat global warming.

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It would serve as an expansion of the Global Magnitsky Act, an anti-corruption bill used to sanction Russia and North Korea, to allow the sanctions to apply to climate change abuses, such as destroying rainforests or developing new coal plants.

“As we fight to enact a Green New Deal here at home, we must use all of the tools of our foreign policy to change the behavior of companies and individuals most responsible for exacerbating the climate crisis,” Markey said in statement. “This legislation would bring us closer to a complete U.S. global strategy that matches the magnitude of the climate crisis.” 

The bill counters the Trump administration’s efforts to move away from climate-focused policy and asks the U.S. to follow through with its vow to provide $3 billion to the United Nations to help poorer countries survive without climate-damaging coal plants and to develop better infrastructure, txhe HuffPost reported

The bill is Markey’s most recent effort on climate change. The senator also authored the Green New Deal earlier this year. 

Markey will face Rep. Joe KennedyJoseph (Joe) Patrick KennedyOvernight Health Care — Presented by That's Medicaid — Deal on surprise medical bills faces obstacles | House GOP unveils rival drug pricing measure ahead of Pelosi vote | Justices to hear case over billions in ObamaCare payments Trump escalates fight over tax on tech giants Sanders's Massachusetts state director 'moves on' from campaign MORE III (D-Mass.), who is challenging him in the primary, for his Senate seat.