Britain's Carbon Border Adjustment Mechanism, a new climate levy on imports from nations with lower carbon price, will launch in 2027 to support industries in the transition to net-zero.
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Explore the effects of fluctuating carbon prices under the UK ETS and the potential benefits of linking with the EU's ETS. Energy UK urges action to ensure compliance and competitiveness for British exports.
British manufacturers of low-carbon goods want the Government to ensure that they aren t being discouraged by a market saturated with low-cost, high-carbon imports.
Polluting companies pushed to clean up their act
A tougher carbon trading scheme to match Britain’s lofty climate goals will mean heavy industries pay more for emissions
15 May 2021 • 12:00pm
Tata Steel, like many in its ailing sector, is counting the cost of failing to clean up its carbon emissions.
Its huge steelworks, which looms over Port Talbot, has made the small Welsh town one of the UK’s most polluted areas.
While the company has made waves of job cuts at the plant, cutting emissions has proved to be trickier.
Its struggle has also proved costly. Tata and its rivals have been hit hard by EU policies ramping up the cost of emitting carbon, and they face no let up under Britain’s post-Brexit Emissions Trading Scheme (ETS).