The U.K. Emissions Trading Scheme Authority has launched a second consultation on the review of the ETS markets policy. Feedback to the first consultation has been taken into account to.
This initiative aims to ensure that imports of iron, steel, aluminium, ceramics, and cement from overseas face a comparable carbon price to goods produced within the UK, according to a government
(Bloomberg) The UK will introduce a carbon border tax from 2027 for imports of emissions-intensive goods from countries deemed to have weaker climate regimes, following a similar move by the European Union.Most Read from BloombergUS Frackers Return to Haunt OPEC’s Pricing StrategyChina’s Real Estate Meltdown Is Battering Middle Class WealthTo Trade the Fed’s Pivot, Wall Street Turns to Short-Dated DebtDimon’s Heir at JPMorgan Still Hazy as ‘Five More Years’ Tick ByChina’s iPhone Ban Accelerat