archiveMay 25, 2023

The UK Government’s new Carbon Border Adjustment Mechanism (CBAM) is set to have major impact on businesses. The new regulation aims to support industrial decarbonisation without disproportionately harming domestic firms but it will also impact costs, supply chains and reporting requirements. In March, the UK Government’s new Department for Energy Security and Net Zero launched a consultation to explore new climate policies that could have significant implications for businesses importing or exporting to the UK. These measures will seek to address carbon leakage, which occurs when companies shift their business abroad to...

Wales has the highest uptake of small-scale renewable installations in homes and businesses across the UK. Scotland has previously held the top spot as the UK nation with the highest proportion of installations per household. As Welsh homeowners continue to invest heavily in greener energy they have overtaken Scotland in the league tables for the first time since 2021, according to latest data from MCS (Microgeneration Certification Scheme). Scotland has roughly double the number of households as Wales, so although Wales has a smaller total installation count, there are more...