2026 EU carbon border tax may impose fees on UK's renewable energy exports, affecting revenues and potentially leading to higher emissions.
2026 EU carbon border tax may impose carbon fees on UK's renewable energy exports to EU, despite those sources not producing emissions. This could affect UK renewable energy revenues, raise EU power prices, and potentially lead to higher emissions, per industry experts. The issue arises from a provision in the carbon levy law that may unfairly penalise clean power production in the UK.
June 17, 2024
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