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What is a CBAM & Why is Australia Worried About Them?

A CBAM (Carbon Border Adjustment Mechanism) proposal has been put forward by the EU and all G7 members have sharpened their climate and trade policies to consider the use of carbon border adjustments. Richie Merzian and Hannah Melville-Rea explain what a CBAM is, and how it might affect some key export industries in Australia. We also discuss what Australia can do to minimise the impact and rather, should lean in and take advantage of the opportunities in existing and new export industries. You can read our report on carbon border adjustments here: https://australiainstitute.org.au/rep... ***** The Australia Institute makes our content FREE, but it is not free to make -- if you'd like to donate to The Australia Institute, visit: http://theaus.in/donate​​​​​​ The Australia Institute relies on the generosity of people who care about research that matters. All donations to our Research Fund help support the Australia Institute’s original research that contributes to a more just, sustainable and peaceful society. Every donation you make of $2 or more is tax-deductible (Australia).