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15 Aug
11:37

Australia considers carbon tariffs on steel

Australian Climate Change Minister Chris Bowen said at the Australian Business Economists forum on Tuesday that Australia could consider implementing a cross-border adjustment mechanism (CBAM) to ease the decarbonization pressure on domestic producers. The steel and cement industries need to be prioritized, Kallanish learns from local media reports. "Key issues for consideration would be the measurement of emissions embedded in traded goods, carbon costs in c…
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