- A technical consultation on the draft primary legislation for the Carbon Border Adjustment Mechanism (CBAM) is open until July 3, 2025, aimed at gathering stakeholder feedback to ensure effective policy implementation.
- CBAM, effective January 1, 2027, will impose a carbon price on certain high-emission goods imported into the UK from sectors at risk of carbon leakage, including aluminium, cement, and steel.
- The consultation includes draft legislation, explanatory notes, and a tax information note, and is particularly relevant for importers and producers in the specified sectors, with subsequent legislation to be included in a Finance Bill.
Source gov.uk
