questionText: To ask the Chancellor of the Exchequer, what steps her Department is taking to align the UK Carbon Border Adjustment Mechanism with (a) the EU and (b) other international partners to (i) minimise trade frictions and (ii) administrative burdens for UK businesses.
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