New year, new carbon tax to address Europe pollution

At the start of the new year, the world's first carbon tariff will take effect. The EU's Carbon Border Adjustment Mechanism will charge fees on certain imported products - and those fees will be based on the emissions tied to the manufacturing of those products. Host Marco Werman speaks with Aaron Cosbey of the International Institute for Sustainable Development about how the tariff is supposed to work, and what other countries will be watching.