What impact could a CBAM have on energy intensive sectors?
The Environmental Audit Committee is to host its second evidence session exploring carbon border adjustment mechanisms (CBAMs). This session will focus on industry
Among the issues likely to be discussed are:
- What challenges certain sectors could face in assessing the carbon footprint of imported products;
- How a CBAM, or product standards for imports, might increase demand for low-carbon products; and
- How Government and industry could work together to implement a CBAM.
The first panel of witnesses are representatives from four sectors which might fall within the scope of a possible UK CBAM (steel, cement, chemicals and electricity). On the second panel, MPs will hear from Make UK, CCm Technologies and the British Standards Institution.