questionText: To ask the Chancellor of the Exchequer, what recent assessment her Department has made of the risk of carbon leakage under the UK Carbon Border Adjustment Mechanism, particularly in relation to imports from countries with high carbon intensity production.
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