Written Question·Treasury·UIN 14290
Agriculture: Carbon Emissions
Tabled: 14 November 2024
Answered: 22 November 2024
Question
Tim Farron
Liberal Democrat — Westmorland and Lonsdale
To ask the Chancellor of the Exchequer, with reference to paragraph 5.81 of the Autumn Budget 2024, HC295, what discussions she has had with stakeholders in the farming sector on the introduction of a carbon border adjustment mechanism.
Answer
James MurrayThe government will introduce the UK Carbon Border Adjustment Mechanism (CBAM) on 1 January 2027, as first announced in December 2023.The UK CBAM will ensure highly traded, carbon intensive products from overseas face a comparable carbon price to those pr...
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