Carbon Taxes > UK’s CBAM likely to push up cost of imported products made with electricity -study

UK’s CBAM likely to push up cost of imported products made with electricity -study

Published 13:12 on June 7, 2024  /  Last updated at 13:12 on June 7, 2024  / /  Carbon Taxes, CBAM, EMEA, UK ETS

UK imports of products made with electricity - such as aluminium and steel - could become more expensive when the country introduces its carbon border adjustment mechanism, even though its coverage is limited to indirect power emissions rather than direct power imports, according to new analysis by the London Stock Exchange Group (LSEG).
UK imports of products made with electricity - such as aluminium and steel - could become more expensive when the country introduces its carbon border adjustment mechanism, even though its coverage is limited to indirect power emissions rather than direct power imports, according to new analysis by the London Stock Exchange Group (LSEG).


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