- The UK Government has confirmed that it will implement a Carbon Border Adjustment Mechanism (CBAM) by 2027.
- The UK CABAM will apply a charge on the carbon emissions embodied in imports from the following sectors: aluminum, cement, ceramics, fertilizers, glass, hydrogen, iron and steel.
- Consultation will take place on the design and mechanics of the UK CBAM in 2024. However, some key details are available now.
Sources
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