questionText: To ask the Secretary of State for Business and Trade, what assessment he has made of the potential impact of the European Commission’s proposals for the EU Carbon Border Adjustment Mechanism on the competitiveness and decarbonisation of the UK steel secto
answerText: We are monitoring the EU Carbon Border Adjustment Mechanism (CBAM). As UK steel is covered by a domestic carbon price under the UK Emissions Trading Scheme (ETS), the sector is expected to face lower CBAM liabilities compared with goods from jurisdictions...
heading: Iron and Steel: Carbon Emissions