EMEA > UK should implement EU-style CBAM to keep trade going strong in Northern Ireland, says study

UK should implement EU-style CBAM to keep trade going strong in Northern Ireland, says study

Published 15:46 on September 4, 2023  /  Last updated at 15:46 on September 4, 2023  / Bryony Collins /  EMEA, EU ETS, International, UK ETS

The UK should link its ETS with that of the EU and implement an equivalent EU-style carbon border adjustment mechanism (CBAM) in order to prevent any negative impacts on Northern Ireland trade as the EU CBAM enters into force on Oct. 1 and companies look to circumvent the impact of paying higher customs tariffs on carbon-intensive goods, according to a study published on Monday.
The UK should link its ETS with that of the EU and implement an equivalent EU-style carbon border adjustment mechanism (CBAM) in order to prevent any negative impacts on Northern Ireland trade as the EU CBAM enters into force on Oct. 1 and companies look to circumvent the impact of paying higher customs tariffs on carbon-intensive goods, according to a study published on Monday.


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