What does the EU’s carbon tariff proposal mean for Australia?

What does the EU’s carbon tariff proposal mean for Australia?

Trade minister calls the carbon border adjustment mechanism ‘a new form of protectionism’, but experts warn we must prepare

The European Union has released details of its long-proposed carbon tariff, inelegantly known as a carbon border adjustment mechanism.

At the same time, US Democrats pulled a surprise by including a tax on imports from countries without aggressive climate change policies as part of a US$3.5tn budget plan released on Thursday Australian time.

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