UK refineries warn of further closures after govt rejects CBAM inclusion

Published 19:40 on March 20, 2026 / Last updated at 19:40 on March 20, 2026 / / EMEA (Compliance Markets & Taxes, Europe), International (CBAM & Tariffs), Net Zero Transition (Transport & Heating Fuels)

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The UK government’s decision not to extend its planned carbon border adjustment mechanism (CBAM) to cover refined oil products has triggered warnings from industry that the country’s remaining refineries face an increased risk of closure, potentially accelerating reliance on imported fuels.
The UK government’s decision not to extend its planned carbon border adjustment mechanism (CBAM) to cover refined oil products has triggered warnings from industry that the country’s remaining refineries face an increased risk of closure, potentially accelerating reliance on imported fuels.


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