CBAM > UK’s steel bailouts signpost green subsidy boost, carbon border adjustment

UK’s steel bailouts signpost green subsidy boost, carbon border adjustment

Published 18:18 on January 23, 2023  /  Last updated at 09:39 on January 25, 2023  / /  CBAM, EMEA, International, UK ETS

The UK is expected to announce some £600 million in support to help decarbonise two steelmakers according to several media reports, a potential signpost for the nation joining the broader global green subsidy push, while simultaneously considering a carbon border adjustment to ensure fair competition.
The UK is expected to announce some £600 million in support to help decarbonise two steelmakers according to several media reports, a potential signpost for the nation joining the broader global green subsidy push, while simultaneously considering a carbon border adjustment to ensure fair competition.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.