Will Australia's Lack of Carbon Border Tax Cost Us 1400 Jobs?
The Australian Financial Review1 month ago
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Will Australia's Lack of Carbon Border Tax Cost Us 1400 Jobs?

INDUSTRY INSIGHTS
carbontax
cementindustry
jobsecurity
decarbonisation
australia
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Summary:

  • Carbon border tax is crucial for protecting local jobs in Australia’s cement industry.

  • Up to 1400 local jobs are at risk due to lack of action on carbon levies.

  • The Cement Industry Federation highlights potential carbon leakage as a serious issue.

  • The sector is valued at $2.7 billion and is struggling to decarbonise without government support.

  • Immediate action is needed to safeguard Australian manufacturing jobs.

The Dilemma Facing Australia’s Cement Industry

Australia’s cement producers are raising alarms about the government’s failure to impose a carbon border tax on imported cement products. This situation is jeopardizing the future of local jobs and efforts to decarbonise the industry.

The Cement Industry Federation, which represents a $2.7 billion sector, argues that without a carbon levy on imports from countries with weaker climate commitments, local manufacturing is at risk of carbon leakage. This could lead to the offshoring of jobs, putting around 1400 local jobs on the line.

In light of these concerns, industry leaders are calling for immediate government action to protect Australian workers and ensure a fair playing field in the transition to a net-zero economy.

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