The Impact of the EU Carbon Border Tax on UK Renewable Energy

The European Union's Carbon Border Adjustment Mechanism (CBAM) aims to reduce carbon emissions by imposing a carbon tax on imported goods from countries with lower carbon prices. This article examines the unintended consequences of the CBAM on UK renewable energy projects, the potential impact on revenue, electricity prices, and the need for solutions to avoid undermining the UK's carbon reduction efforts.

June 23, 2024 by Ghost 8B Beta3 minutes
Categories:  Environment, Energy, Policy, Sustainability