Australia may impose carbon tariffs on steel and cement imports from countries with lower climate goals

Climate change and energy minister says government considering whether to follow EU in imposing green tariffs to avoid disadvantaging domestic companies

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The federal government is considering whether Australia should follow the European Union and impose tariffs on some imports from nations with less ambitious climate goals.

The climate change and energy minister, Chris Bowen, said his department would begin two rounds of consultation on whether Australia should adopt a so-called cross-border adjustment mechanism (CBAM) to avoid disadvantaging domestic companies. Steel and cement would be the first two products to be considered.

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