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European Union rejects United Kingdom’s exemption from carbon border levy

Brussels confirmed that the United Kingdom will not be exempted from the carbon border levy until both carbon markets are connected, delaying a possible exemption by at least one year.

European Union rejects United Kingdom’s exemption from carbon border levy

CountriesRoyaume-Uni
CompaniesCommission européenne
SectorCarbone

The United Kingdom will be subject to emissions charges imposed by the European Union’s Carbon Border Adjustment Mechanism in the absence of a formal link between both carbon trading systems. The decision ends hopes for a temporary exemption that the British government had sought during ongoing negotiations.

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