questionText: To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the differences between the UK and EU Carbon Border Adjustment Mechanisms on the competitiveness of UK industries.
answerText: The Carbon Border Adjustment Mechanism (CBAM) will be introduced from 1 January 2027. CBAM is a new tax which will ensure that highly traded, carbon intensive goods which are imported into the UK face a comparable carbon price to what is paid by manufactu...
heading: UK Carbon Border Adjustment Mechanism