Carbon border adjustment taxes to impact Australia’s aluminum export industry

Friday, Jun 18, 2021
点击:
  The Australia Institute released its research report regarding carbon taxes discussed in the G7-plus summit and warned the Australian government that Australia’s A$12.6 billion worth of alumina and aluminum export industries may at risk if the so-called carbon border adjustment mechanisms are adopted by major economies led by the EU.
  Australia has the world's largest bauxite reserves, and the export volume of alumina is second only to China. Australia’s alumina exports account for 13.9% of the total output in the world.
  Carbon border taxes were discussed at the G7-plus summit this time, and several countries, including the EU and UK, expressed their support regarding the taxes.

Recommended exhibitions

Notice of Postponement of ALUMINIUM CHINA & Lightweight Asia
Notice of Postponement of ALUMINIUM CHINA & Lightweight Asia 2020......
China Lightweight Vehicle Summit 2018
China’s automobile industry development has faced with enormous pressure on energy and environmental protection. In ord......
Aluminum company promises to hire 550 in heart of Appalachia
An aluminum company says it will build a $1.3 billion plant in the heart of Appalachia, promising to hire 550 people and......
Aluminium China 2017 to Drive Industry Transformation in Lig
This year’s Aluminium China in Shanghai from 19-21 July is set to mark a new period of growth in the aluminium industry......