Hi Folks,
Really interesting article just came out about UK carbon border tax which will be introduced by 2027. Definitely something to keep an eye on!
The UK carbon border tax aims to level the playing field for British manufacturers by imposing a levy on carbon-intensive goods imported from countries with lower environmental standards.
This move is expected to encourage global manufacturers to adopt cleaner technologies and practices, thereby reducing carbon emissions.
It is particularly relevant for the construction industry, affecting importers and manufacturers of materials like iron, steel, aluminium, and cement. Companies in the construction sector should prepare for enhanced reporting standards and consider investing in clean technologies and Environmental Product Declarations (EPDs) to stay competitive and compliant.
Read the full article here for more information. https://www.oneclicklca.com/uk-carbon-border-tax-will-be-introduced-by-2027/