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23 Nov
12:48

No CBAM 'missed opportunity', says UK Steel

UK Chancellor of the Exchequer Jeremy Hunt missed a major opportunity by not confirming a Carbon Border Adjustment Mechanism (CBAM) in his Autumn Statement this week, says trade association UK Steel. “The country is now in danger of playing catch-up with the EU on timetables, leaving a critical, trade-exposed industry at risk,” the association observes. A UK CBAM would ensure that imported steel pays the same carbon costs as UK steelmakers. This …
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