UK Steel concerned over lack of govt leadership in decarbonization drive

British trade organization UK Steel has expressed concern over the lack of government leadership in the drive to decarbonization amid reforms to the UK's Emissions Trading Scheme (UK ETS) and renewed its calls for the implementation of a UK carbon border adjustment mechanism (CBAM).

The UK ETS was introduced in January 2021, to replace the country's participation in the European Union's ETS. The government-run scheme was designed to reduce greenhouse gas emissions by setting...

Published

Holly Chant

Zdravko Cherkezov

July 07, 2023

14:29 GMT

London, Sofia