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UK carbon tax on imports could stop firms from outsourcing CO2 emissions as nations tackle climate crisis

Wednesday 18 May 22 10:30am

 

THE UK has moved a step closer to imposing a carbon tax on all imports to stop companies from outsourcing their CO2 emissions to foreign countries.

An international agreement by the world’s largest rich democracies to take forward a “carbon border adjustment mechanism” could come as soon as next month.

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