Australia is 11,000 kilometres from the Red Sea but it is not immune from the drone and missile attacks on container ships attempting to move through one of the world’s busiest thoroughfares. Since November, Iran-backed Houthi rebels in Yemen have launched more than 20 attacks on container ships using drones, ballistic missiles, and in one […]
What if carbon border taxes applied to all carbon – fossil fuels, too?
The European Union is embarking on an experiment that will expand its climate policies to imports for the first time. It’s called a carbon border adjustment, and it aims to level the playing field for the EU’s domestic producers by taxing energy-intensive imports like steel and cement that are high in greenhouse gas emissions but […]