Iron and Steel: Imports
(asked on 20th February 2023) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether he has made an assessment of the potential effectiveness of a Carbon Border Adjustment Mechanism in ensuring that imported steel is subject to similar carbon taxes to UK steel.
This question was answered on 23rd February 2023
The government committed to consult on this issue, and intends to do so in the spring.
https://questions-statements.parliament.uk/written-statements/detail/2022-05-16/hcws26
The Government recognises the role that steel plays within the UK economy and is working with industry on its decarbonisation options.