UK: Update on the future Carbon Border Adjustment Mechanism following the UK Government response to the consultation
Import and Trade Remedies
NOVEMBER 7, 2024
On 30 October 2024, as part of the Autumn Budget, the Government provided an update on its plans for the introduction of a UK carbon border adjustment mechanism (CBAM). The UK government has also proposed changing the minimum registration threshold from £10,000 to £50,0000.
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