Ai Group welcomed the chance to make a submission on the Carbon Leakage Review Consultation Paper.
Carbon leakage and tools to address it may affect our members in several ways. Some of our members are what has previously been defined as 'Emissions Intensive Trade Exposed'; some are in the supply chains of major EITEs and have a stake in their fate; some use EITE products as key inputs to their own businesses. All have an interest in a successful and economically efficient transition to net zero that limits climate change and maximises Australian opportunity.
The Carbon Leakage Review is a crucial opportunity for Australians to converge around an effective long-term approach.