The tax will be levied on goods from countries with lower or no carbon pricing, aligning overseas products with UK's carbon pricing standards. Charges under CBAM will be based on the amount of carbon ...

The countdown has started ahead of the UK’s Carbon Border Adjustment Mechanism (CBAM) being introduced in just over a year’s ...

The price of a ton of CO2 in the UK this week fell to a record low, giving rise to concerns about the immediate prospects of investments in alternative energy sources. Per the Financial Times, the ...

The government is set to begin negotiations to link the UK to the EU's carbon trading regime, around six months after the ...

Goods imported into the UK from countries with a lower or no carbon price will face a levy by 2027. On 18 December 2023, the UK government announced a proposal for a new carbon border adjustment ...

The EU is preparing to reject a demand from India to be exempted from its carbon border tax, a move that will complicate ...

Ahead of the commencement of the UK Carbon Border Adjustment Mechanism (CBAM), key building blocks for its regulatory framework are moving into place. Following consultations in 2023 and 2024, draft ...

The carbon budget and growth delivery plan, released by the Department for Energy Security and Net Zero, outlines how the UK will continue to reduce emissions while driving economic growth.

The UK and European Union entered a new era of climate cooperation by pledging to link their carbon markets to avoid trade levies and reset post-Brexit relations. The move comes as part of Monday’s UK ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The carbon market is a dynamic and fast-moving space within ...

The European Union and Brazil urged other countries to embrace mechanisms that put a price on carbon and develop carbon ...

The US EPA announced on Friday its decision to grant full or partial exemptions to petitions from eight small refineries regarding their compliance with the Renewable Fuel Standard (RFS) between ...