Green ideology is set to make a whole range of goods more expensive. Jeremy Hunt, the Chancellor of the Exchequer, will press ahead with plans to introduce tariffs on goods imported from countries that are not self-harming their industries with green regulations. These taxes will be called Carbon Border Adjustment Mechanism, CBAM, as if by giving it some complex acronym, it will be less nasty than it is. It is higher costs for consumers and it will initially include a range of goods from carbon intensive industries such as aluminium, cement, ceramics and steel. But as we all know, red tape exp…
