Carbon Border Adjustment Mechanism: Member Meeting with HM Treasury
29 May, 2024, 14:00 - 15:30 | The Form Rooms
The Government has proposed a new carbon tax on imported products; the Carbon Border Adjustment Mechanism (CABM). It is designed to drive down emissions in key energy intensive sectors such as glass, ceramics and iron and steel. Although most of this will impact your UK suppliers manufacturing finished goods, it will also affect you directly where you are importing products such as tiles, ceramic sinks and glassware for sale.