UK to Implement Carbon Tax on Imported Goods from 2027
Critics argue the move is too slow, risking a flood of high-carbon steel from countries like China for a year until the tax is in effect.
- The UK government plans to implement a carbon tax on imported goods such as steel and cement from 2027.
- The tax is intended to level the playing field for domestic producers and reduce global emissions.
- The plan has been criticized for being too slow, as it will be implemented a year after similar proposals from the European Union.
- UK Steel, the body representing British steel, has expressed concern that the UK could be flooded with high-carbon steel from countries like China for a year until the tax is in effect.
- The UK government has faced criticism in recent months for watering down some of its environmental commitments.