Sitting Ducks: spread of Carbon Border Tax schemes leaves Australia defenceless on climate

The sudden, global move to tax carbon puts billions of Australian coal and gas exports at risk, indeed this country’s largest sources of income. Hard on the heels of the EU’s carbon border tax declaration, the US declared a carbon border scheme. Others are poised to follow. Callum Foote and Michael West report on the immense risk to Australia’s largest source of income.