Economics Explored

Carbon border taxes

Episode Summary

The European Union intends to impose a carbon border tax and the US is also considering one. What's the justification for a carbon border tax and what could it mean for international trade?

Episode Notes

A conversation regarding the European Union's proposed Carbon Border Adjustment Mechanism (CBAM), a.k.a. a carbon border tax, between show host Gene Tunny and his colleague Ben Scott, Research Officer at Adept Economics.

Links relevant to the conversation

https://adepteconomics.com.au/what-does-the-eus-carbon-border-tax-mean-for-australia/

https://www.diw.de/documents/publikationen/73/diw_01.c.812870.de/dp1935.pdf

https://www.environment.gov.au/system/files/resources/f52d7587-8103-49a3-aeb6-651885fa6095/files/summary-australias-2030-emissions-reduction-target.pdf

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