Coming soon to a border near you: CBAM a gogo? Or is it bouquet of BoCAs? LMSU gives a rapid reaction to the Government’s second consultation paper as part of its Carbon Leakage Review - don’t worry, this won’t hurt a bit...
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Our Main Paper
We interrupt regular programming to bring you an extra, rapid reaction episode to a very special development. And sorry folks, it’s not the US election result, that happened *after* we recorded this one.
Mariah Carey has been defrosted and Christmas has come early for one member of the LMSU team in particular! That’s right folks, the threat of Tennant performing CBAM The Musical outside DCCEEW offices has resulted in the release of the government’s second consultation paper as part of its Carbon Leakage Review. A thoughtful and detailed analysis lays out the key risks of carbon leakage across different commodities in terms of trade and investment, and suggests that YES INDEED, there is a role for a Border Carbon Adjustment Mechanism. That’s right, it’s a BoCA and most definitely not a CBAM, but whatever it is, it won’t hurt a bit?!
And that’s all from us Summerupperers! We're off to Baku to take the temperature and Trump redux climate politics, but until then support our Patreon at patreon.com/LetMeSumUp, send your hot tips and suggestions for papers to us at mailbag@letmesumup.net and check out our back catalogue at letmesumup.net.