Will Australia implement a carbon border adjustment mechanism?

A Government review will analyse leakage risks in Australia and evaluate the feasibility and effectiveness of various policy options, as detailed by Barry Sterland and Jenny Wong.

The Australian Government announced on 13 November 2023 a public consultation paper seeking to review carbon leakage risks in Australia and various policy mechanisms to address carbon leakage. Carbon leakage refers to shifts in production from countries with more ambitious emissions reduction policies to those with lower (or no) emissions reduction policies solely because of different policy settings. Many countries, including Australia, have adopted net-zero emissions pledges in alignment ...

Sign in below or register now to read the full article

Authors: Barry Sterland, Jenny Wong

Published Date: 14 November 2023