The UK needs a Carbon Border Adjustment Mechanism

clock • 3 min read

As they decarbonise, heavy industries need assurance that products will not be undercut by more emissions-intensive imports, argues UK Steel's Frank Aaskov

Steel is a global commodity, intensively traded across borders. Outside of China, 43 per cent of steel products are traded across borders. In the UK, 40 per cent of steel production is exported, while...

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