UK CBAM is confirmed for January 1, 2027
In today’s budget announcement, the UK Government has released its comprehensive response to the CBAM consultation held earlier this year, confirming that the UK CBAM will impose a carbon price on goods imported from the aluminium, cement, fertiliser, hydrogen, iron, and steel sectors beginning January 1, 2027. Commodity codes falling within the scope of UK CBAM are listed in Annex B.
Products from the glass and ceramic sectors will be exempted from CBAM in its initial rollout.
The registration threshold is set at £50,000 for CBAM goods imported into the UK within a 12-month timeframe.