Fuels Industry UK is urging the government to implement a Carbon Border Adjustment Mechanism (CBAM) for refining. The industry argues that without this policy, domestic producers facing high carbon costs will be undercut by cheaper, higher carbon imports from countries with looser environmental rules. This shift would increase the UK's reliance on foreign energy imports and risk the loss of thousands of domestic jobs. The industry maintains that protecting local refining is essential for maintaining energy security and reducing global emissions during the transition to cleaner fuels.
