economy
January 1, 2026
EU’s new ‘green tariff’ rules on high-carbon goods come into force
The ‘border adjustment mechanism’ aims to create a level playing field while also encouraging decarbonisation

TL;DR
- The EU's Carbon Border Adjustment Mechanism (CBAM) has been implemented.
- Companies importing high-carbon goods must demonstrate compliance with low-carbon regulations or face fines.
- The CBAM aims to create a level playing field and prevent 'carbon leakage'.
- Initial sectors covered include iron and steel, aluminium, cement, hydrogen, electricity, and fertilisers.
- Lack of clarity on application and a failed UK deal could cause early confusion.
- Protests have come from China, the US, Australia, and others.
- The UK plans to introduce its own CBAM next year.
- Some EU industries fear higher prices due to the removal of free allowances.
- Experts suggest the initial impact on prices and the economy may be mild.
- The scope of CBAM is planned to expand to include products using steel and aluminium from 2028.
- The UK is seeking a carbon linking agreement with the EU to exempt British businesses from export charges.
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