Exports: Carbon Emissions
Commons · Question 19990 · Tabled 12 Dec 2024 · Treasury · Official record
Answered 20 Dec 2024
Question
Asked by Nick Timothy
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
Answered by James Murray, 20 Dec 2024
The 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...