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Bowen Weighs Carbon Tariffs on High-Emission Imports as Australia's Emissions Edge Up

The minister has affirmed the nation remains on course for its legislated 2030 target despite data showing a marginal emissions increase.

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Overview

  • Bowen signalled potential carbon tariffs on emission-heavy imports such as cement and steel to guard against carbon leakage
  • He commissioned ANU Professor Frank Jotzo to examine a carbon border adjustment mechanism with early findings flagging clinker, cement and lime as high risk
  • Official figures show Australia's emissions rose by 0.05% in 2024, marking a flatline in emissions reduction efforts
  • The government approved a 40-year extension of the North West Shelf oil and gas licence under strict environmental approvals legislation
  • Coalition energy spokesman Dan Tehan accused Bowen of copying Donald Trump’s tariff approach in a post-election policy shift