On 30th October, the Government Response to consultation on the ‘Introduction of a UK Carbon Border Adjustment Mechanism (CBAM)’ was published, as part of Autumn Budget 2024.
The announcement confirms that products from the glass and ceramics sectors will not be in scope of the UK CBAM from 2027, as previously proposed, to allow government and industry time to address feasibility concerns raised throughout the consultation process. The government will continue to work with industry to address these concerns before considering their potential inclusion at a later date.
This is good news for the UK composites sector as it aligns the scope of the new UK CBAM with the already established EU CBAM. Composites UK would like to thank its members for providing valuable input to the industry response to the consultation earlier this year.
You’ll find the full Government Response, here.