Australia Stands to Lose Under ‘Protectionist’ UK Carbon Tariffs

Australia Stands to Lose Under ‘Protectionist’ UK Carbon Tariffs
British Prime Minister Boris Johnson (R) meets Australian Prime Minister Scott Morrison (L) for their bilateral talks during the G7 Summit on Aug. 24, 2019 in Biarritz, France. Neil Hall- Pool/Getty Images
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Australian exports may soon suffer from “protectionist” levies as the United Kingdom plans to use the G7 summit to push for climate tariffs, amid a renewed push for environmentalism after U.S. President Joe Biden’s election.

British Prime Minister Boris Johnson, who invited Australian Prime Minister Scott Morrison to attend as a guest, has indicated that the issue would be a key priority at the meeting of the world’s biggest economies.