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flag Australia weighs carbon tax on high-emission imports to fight climate change and protect local industries.

flag Australia’s Labor government is considering a carbon border adjustment mechanism (CBAM) to tax high-carbon imports like cement, aluminium, and fertiliser, mirroring EU and UK plans. flag The move aims to protect domestic industries from carbon leakage and support global emissions reductions. flag While some sectors back it for fairness and competitiveness, critics warn it could raise consumer prices and spark trade tensions. flag A formal review is expected in 2026–27, with current policies seen as sufficient for now.

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