Australian exports may soon suffer from “protectionist” levies as the United Kingdom plans to use the G7 summit to push for climate tariffs, amid a renewed push for environmentalism after U.S. President Joe Biden election. British Prime Minister Boris Johnson, who invited Australian Prime Minister Scott Morrison to attend as a guest, has indicated that the issue would be a key priority at the meeting of the world’s biggest economies. Prime Minister Johnson is preparing to use the G7 summit to lead the discussion to establish carbon border levies, putting penalties on goods produced in countries with less stringent environmental laws, such as Australia. This would significantly impact Australia, where the trade industry creates one in five jobs in the economy. It may also undermine current negotiations for the UK-Australia Free Trade Agreement, which the UK government aims to use “to champion free trade, fight protectionism and remove barriers at every opportunity.” …