CBAM

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Announcement from the Treasury and Rt Hon Jeremy Hunt MP……. The UK is to implement a new import carbon pricing mechanism by 2027 to support the decarbonisation drive. (The EU is introducing its CBAM in 2026). imports of iron, steel, aluminium, ceramics and cement from overseas will face a comparable carbon price to those goods…

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At the end of July, on the same day that it reported on the Government granting over 100 new North Sea oil and gas licences, Carbon Brief Daily reported on the Financial Times front page article titled..”Britain makes it cheaper to pollute by watering down carbon market scheme”…….“Whitehall recently quietly announced changes to the UK’s…

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Citizens’ Climate International Press release: SEPT. 29, 2023 — Citizens’ Climate International welcomes the introduction of legislation in the U.S. House of Representatives that would place a steadily rising fee on the carbon content of fossil fuels and return revenue from the fee to households.  The Energy Innovation and Carbon Dividend Act, introduced by Rep.…