The European Union will not grant the UK an exemption from its Carbon Border Adjustment Mechanism (CBAM) unless the two sides formally link their emissions trading systems, according to media reports.
British manufacturers will face a lot of paperwork regarding exports to the EU in January next year, as the government has failed to secure the expected exemption from the EuropeanCBAM, writes The Guardian.
... support for the European Commission’s plan to include downstream products such as automotive parts and cables in the Carbon Border Adjustment Mechanism (CBAM).
Importers who have not already submitted applications need to act fast now to avoid risking disruptions, delays, or penalties ... [...]. This is an abstract of the document ... AttachmentsOriginal document Permalink. Disclaimer.
) ... Importers who have not already submitted applications need to act fast now to avoid risking disruptions, delays, or penalties ... For guidance and information by sector, please consult the CBAM webpage ... Disclaimer.