LONDON — Reform UK would scrap Britain’s planned carbon border tax if it wins power, the party’s business and trade chief Richard Tice has said.
Speaking to POLITICO on Tuesday, Tice vowed to ditch the U.K.’s new carbon border adjustment mechanism (CBAM) as part of a broader rollback of climate levies.
Reform would look “to promote oil and gas, but also scrap all these levies and green taxes, CBAM, the whole lot of it all goes,” he said.
Britain is currently drawing up its own carbon tax regime — which would charge importers of carbon-intensive goods a fee based on their carbon emissions.