News
UK Carbon Border Adjustment Mechanism (UK CBAM)
🚨 UK to Introduce Carbon Border Tax by 2027 🌍⚡
The UK government is pushing forward with its Carbon Border Adjustment Mechanism (CBAM), set to launch on 1 January 2027. This will levy a tax on carbon-intensive imports from countries with lower or no carbon pricing—aiming to create a level playing field for UK businesses under the Emissions Trading Scheme (ETS).
🔹 Applies to aluminium, cement, fertiliser, hydrogen, iron & steel
🔹 Exempts smaller importers (<£50K/year)
🔹 Tax-based model, unlike the EU’s certificate-based system
🔹 Businesses must register with HMRC & report emissions
💡 If your business imports these goods, start preparing now! Stay updated & engage with the CBAM working group.
#CBAM #CarbonTax #UKPolicy #Sustainability #ClimateAction
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