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UK to Implement New Import Carbon Pricing Mechanism by 2027

|Proposed Changes|United Kingdom
United Kingdom

UK HM Treasury announced on 18 December 2023 that the UK is planning to implement a new import carbon pricing mechanism by 2027.

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New UK levy to level carbon pricing

The UK is to implement a new import carbon pricing mechanism by 2027 to support the decarbonisation drive.

  • imports of iron, steel, aluminium, ceramics and cement from overseas will face a comparable carbon price to those g…

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