Federal government taking interest in carbon tariffs

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Environment Minister Jonathan Wilkinson has indicated that the federal government is taking more interesting carbon border adjustments (CBAs), a method of applying carbon pricing to imports. This reflects an evolving position in Ottawa, who may be playing catch-up as carbon tariffs gain traction among its trading partners. The EU is already in the process of designing a CBA, and there is potential for the US to follow suit if Joe Biden wins the US election next month.

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