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  /  No Comments

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.

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