Consultation on the introduction of a UK carbon border adjustment mechanism

Following the consultation, “Addressing carbon leakage risk to support decarbonisation”, the government announced that it would introduce a CBAM from 1 January 2027 on imports of certain carbon intensive imported goods from the following sectors: aluminium; cement; ceramics; fertilisers; glass; hydrogen; and iron and steel. This consultation, being undertaken jointly by His Majesty’s Revenue & Customs (HMRC) and His Majesty’s…