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). As originally proposed, direct and indirect emissions will have to be taken into account in the calculation as from 2027.
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