- Government launched consultation on carbon leakage risk mitigation measures
- Government intends to implement a carbon border adjustment mechanism (CBAM) by 2027
- CBAM will target imports of carbon-intensive products
- UK Emissions Trading Scheme (ETS) will be extended until at least 2050
- Further consultations on the future operation of the ETS have been launched.
Source: taxscape.deloitte.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
