Sam Lowe, a senior research fellow at the Centre for European Reform, said: "In the real world we have to appreciate the EU is moving ahead unilaterally with its own carbon border adjustment mechanism, and we've seen a proposal from the Democrats in the US this week, of something similar."
"There is also talk of Canada proposing a Carbon Border Adjustment Mechanism unilaterally as well and in that context I don't think the UK can afford to put its head in the sand. It needs to engage with the world as it exists rather than how it wishes it to be."
21 July 2021