Page 8 - ஆஸ்திரேலிய தொழில் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

US takes tougher line on carbon border tax Save Share Australian exporters face growing scrutiny and financial costs under a potential US border adjustment scheme that Joe Biden has threatened to put at the centre of his fight against climate change. At last week’s 40-country climate summit hosted by Mr Biden, which heralded Washington’s emphatic return to global carbon policymaking with a bold pledge to cut greenhouse gas emissions by 50 per cent to 52 per cent by 2030, the administration also quietly sharpened its warning to laggards: failure to curb emissions means America will tax your exports. The prospect of so-called carbon border adjustments is being reviewed by Mr Biden and his team as part of a broader pitch to ensure his climate policies do not put US workers and companies “at an unfair competitive disadvantage”.

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