While measures to level the playing field for UK producers competing against imports from countries with lower or no carbon taxes have been welcomed, the implementation of the tax, a year after the EU took action, has been criticised.
The UK is to introduce carbon taxes on imports of goods such as steel, fertiliser, glass and cement from 2027.
In an effort to ensure UK companies investing in more environmentally friendly production are not at a competitive disadvantage, the Treasury plans for a carbon border tax to be levied on goods brought in from countries with a lower or no carbon levy.
