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Senate Democrats unveil plan for federal marijuana legalization

The Cannabis Administration and Opportunity Act would legalize marijuana at the federal level by removing it from the federal list of controlled substances, expunge criminal records for individuals with marijuana-related offenses, and help minority businesses get ahead through new small business grant programs and a 50% tax rate reduction.

Economy

EU to unveil first-of-its-kind carbon border tax

Europe’s trailblazing carbon border levy is facing a decidedly soft launch. When the European Commission’s climate tsar Frans Timmermans outlines on Wednesday how he plans to cut bloc-wide emissions 55% by 2030, a tax on dirty imports will be a key component.