What the bloody hell is a CBAM?

The EU has announced it will introduce a Carbon Border Adjustment Mechanism (CBAM) as part of its efforts to reach net zero emissions by 2050. This has big implications for the Australian economy, especially carbon intensive expor industries. This week we talk to Richie Merzian and Hannah Melville Rea about what CBAMs are, how they work, why they aren't protectionist and how it will impact Australia.Host: Ebony Bennett, Deputy Director at the Australia Institute // @ebony_bennettGuest:Richie Merzian, director Climate & Energy program // @richiemerzianHannah Melville Rea, Anne Kantor Fellow // @HannahMelReaThe Australia Institute // @theausinstituteWebsite:australiainstitute.org.auProducer: Jennifer Macey //@jennifermaceyTheme Music: Pulse and Thrum; additional music by Blue Dot SessionsSupport Follow the Money & the research powerful interests fear: https://theaus.in/4vs6XeOSee omnystudio.com/listener for privacy information.