Written Question·Treasury·UIN 19990
Exports: Carbon Emissions
Tabled: 12 December 2024
Answered: 20 December 2024
Question
Nick Timothy
Conservative — West Suffolk
To ask the Chancellor of the Exchequer, if her Department will publish an impact assessment for a Carbon Border Adjustment Mechanism on UK exporters.
Answer
James MurrayThe aim of the UK CBAM is to ensure imported products are subject to a carbon price comparable to that incurred by UK production, mitigating the risk of carbon leakage. By its very nature, a CBAM can only apply to imported goods, so it cannot mitigate any...
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