9,344.97 TL BIST 100 BIST 100
4.32 CNY CNY CNY
30.97 $ USD USD
€33.45 EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.24 TL Interest Interest
82.70 $ Fossil Oil Fossil Oil
23.17 $ Silver Silver
3.87 $ Copper Copper
119.59 $ Iron Ore Iron Ore
398.00 $ Ship Dismantling Ship Dismantling
43.24 TL Gold (gr) Gold (gr)

Carbon tax in the United Kingdom in 2026!

Jeremy Hunt has announced plans to impose a tax on the import of carbon-intensive goods starting in 2026, with the goal of protecting local industries from unfair competition in regions with lower carbon costs.

Carbon tax in the United Kingdom in 2026!

UK Chancellor Jeremy Hunt has announced plans to impose a tax on the import of carbon-intensive products starting in 2026, with the goal of protecting local industries from unfair competition in regions with lower carbon costs.

The United Kingdom is set to launch its own Carbon Border Adjustment Mechanism (CBAM) in 2026, aligning with the introduction of the EU CBAM. This move aims to mitigate the risk of carbon-intensive products, subject to EU duties, being diverted to the UK market.

In April of this year, the government initiated a consultation process to assess various policy measures, including CBAM, with the objective of minimizing the risk of future carbon leakage and ensuring an optimal policy environment for the decarbonization of the UK industry.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Pakistan's scrap imports increased

Wednesday, February 21, 2024

In December 2023, the US section beams exports decreased

Wednesday, February 21, 2024

SMS Group and Hasçelik launched a strategic partnership

Wednesday, February 21, 2024

Ferroalloy production in Ukraine fell by 57% in 2023

Wednesday, February 21, 2024

Morocco's green hydrogen ambitions: Overcoming uncertainties on the path ahead

Wednesday, February 21, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now