The government should present the EU with a Carbon Dioxide Removal Obligation tax on imports from the economic bloc, with a provision to set off its Carbon Border Adjustment Mechanism credits against CDR-O levies
Several people cited above, both of whom spoke on condition of anonymity, said the finance and commerce ministries are discussing a mechanism to measure carbon content in imported products from Europe.
UK Fired Up: Retailers Want To Light A Match To Returns Stuck In Brexit Hell
KEY POINTS
Those goods are then stopped at the border behind even more fees and paperwork
Some sellers are considering simply lighting the goods on fire
The latest wrinkle in Brexit’s trade deal has U.K. exporters contemplating just taking a lighter to goods trapped in the E.U. behind thousands of dollars in fees. As surprise import fees drive return rates of U.K. goods to 30%, fashion products are joining music and fish on the list of industries endangered by Brexit, the BBC reports.