Media

As the European Union (EU)’s Carbon Border Adjustment Mechanism (CBAM) comes into effect amid the global tariff wars, a new report is calling for Asia to enact its own carbon border levy to ease the public cost of decarbonising the region’s heavy industries. Read more

Despite the raging global trade war, Climate Energy Finance (CEF) is calling for carbon tariffs on some imports and for Australia to lead the way for a regional Asian carbon border adjustment mechanism (CBAM). CEF argues in its new report A price on carbon: Building towards an Asian carbon border adjustment mechanism that carbon border tariffs in international trade are urgently needed to put a price on the carbon emissions embedded in the production of industrial commodities such as iron and steel, aluminium and cement, which make up 15% of global emissions. Read more

A pan-Asia Pacific carbon border adjustment mechanism (CBAM) taking in the wealthiest industrial nations covering steel, cement, and aluminium is the best and cheapest way to reduce emissions from these hard-to-abate sectors while preserving margins and industries, an Australian think tank argued in a report Thursday. Read more

Tim Buckley, Director of Climate Energy Finance, discussed the growing momentum around carbon pricing in Australia and the need for […] Read more

In Canberra Times and syndicated across 100+ mastheads, The case for Asian carbon border tariffs has been made by think tank Climate Energy Finance days after the federal energy minister signalled openness to charges at the border on emissions-heavy steel and cement. Carbon border adjustment mechanisms, known as CBAMs, can level the playing field for heavy industries subject to domestic carbon pricing. Read more

As Energy Minister Bowen flags a carbon tariff on some imports, Australia well placed to lead development of a path towards a regional Asian Carbon Border Adjustment Mechanism Read more

Australia is well placed to lead development of a path towards a regional Asian Carbon Border Adjustment Mechanism involving China, Australia, Japan, Singapore and South Korea, as it bids to host COP31. China, as the world leader in decarbonisation and in steel, aluminum and cement, is key. Read more

Republished from RENEW ECONOMY, 7 May 2025 Tim Buckley, from Climate Energy Finance, says that with Labor returned to government, it is time to “grasp this moment of policy certainty” and use it to build investor confidence, crowding-in domestic and foreign financial capital at scale to underpin our transition. Read more

“Without customers, suppliers and governments working together to a common time-frame, these projects aren’t going to get built, and that’s why we’ve seen so many announcements in the press of companies going bankrupt because they can’t do the capital raising anymore, or projects being slowed right down” Read more

China has emerged as the global leader in clean technology, making significant strides in renewable energy technology, manufacturing, domestic deployments […] Read more

Hoping to avoid 25% tariffs, Japanese and European officials have agreed to deals analysts are describing as financially questionable. Meanwhile, […] Read more

Under the plan, METI will evaluate submissions by automakers on their low-emission steel procurement and allocate subsidies based on the percentage of green steel being used, according to Matt Pollard, an analyst at clean energy consultancy Climate Energy Finance. “In the broader context, it is important for METI to publicly release the carbon accounting methodologies, green product definitions and emission thresholds it will use to determine products and producers that will benefit from the models approved under the new subsidy scheme,” Pollard said. Put simply, how all this works is likely to determine whether it is actually successful. Read more