Climate & Environment

UK to launch carbon levy on imported goods in 2027

Treasury said the plans will help boost UK industry investment in cutting greenhouse gas emissions

A carbon price is used by governments to help reduce emissions by charging a fee on carbon pollution to encourage industries to cut their greenhouse gases. Picture: Getty

Britain is set to charge a carbon levy on imported goods under plans announced by the UK Treasury to help prevent domestic firms being undercut by overseas manufacturers.

The Treasury said the proposed new tax will come into effect in 2027, ensuring that imports of products such as iron, steel, aluminium, ceramics and cement from overseas will face a comparable so-called carbon price to those manufactured in Britain.

A carbon price is used by governments ...