EU carbon border tax will be the first domino to fall...That's why i like "green" stock, bright future, time will show the return.
Sorry to post here again if you already read them before.
European carbon border tax is a warning to Australia to clean up or pay the price.
https://www.abc.net.au/news/2021-08-17/australian-exporters-pay-the-price-with-european-carbon-tax/100379998
In the past decade, Australia has exported to Europe more than 980,000 tonnes of steel. At the price of €50 ($77) per tonne of carbon — Brussels' own forecast — exports of the same volume would attract tariffs equivalent to $77 million.
https://www.abc.net.au/news/2021-03-11/australia-to-face-huge-tariffs-in-europe-over-climate-emissions/13233360
