Global Trade Alert
Global Trade Alert

United Kingdom: HM Treasury announces the UK Carbon Border Adjustment Mechanism

Announcement

25 Jan 2023

In December 2023, the HM Treasury announced that it will implement a new import carbon pricing mechanism by 2027.

Source

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Number of interventions

1

0 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

No implementation date

Revocation date:

No revocation date

Announced: 25 Jan 2023
Internal taxation of imports
On 18 December 2023, the UK Treasury announced that the UK will implement a new import carbon pricing mechanism by 2027. The levy will be applied to the most emissions-intensive industrial goods impor...
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