Why it matters
The proposed link could affect costs and carbon-related charges for manufacturers trading between the UK and EU. The article does not specify effects on U.S. businesses or consumers.
ECONOMY • UNITED KINGDOM AND EUROPEAN UNION
EU and UK plan to link carbon markets in a post-Brexit deal
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The EU and UK are expected to announce a deal linking their carbon markets at a November 20 summit, according to Euronews. The arrangement could spare manufacturers additional carbon border charges, though critics warn that closer alignment could raise costs for British industry.
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