U.K. Considers Carbon Border Tax to Protect Businesses

The video discusses the 'Together for Our Planet' business climate leader campaign aimed at helping small and medium-sized businesses reach Net Zero. It highlights voluntary participation, support from large companies, and the launch of a business climate hub. The discussion also covers the potential carbon border tax to prevent offshoring of heavy industries and the implications of such a tax. Additionally, the video addresses the delayed heat strategy, the potential ban on gas boilers, and the exploration of heat pumps and hydrogen as alternatives.

What is the main goal of the 'Together for Our Planet' campaign?

• To help small businesses reduce emissions

• To increase profits for small businesses

• To promote international trade

• To develop new technologies

What kind of support is offered to small businesses through the business climate hub?

• Financial loans

• Access to information and resources

• Free advertising

• Tax exemptions

Which large companies are involved in supporting the business climate hub?

• Apple and Microsoft

• Tesla and SpaceX

• Amazon and Facebook

• NatWest and Google

What is the purpose of considering a carbon border tax?

• To protect domestic heavy industry from offshoring

• To increase government revenue

• To promote international tourism

• To reduce consumer prices

What is a potential complication of implementing a carbon border tax?

• It will decrease employment

• It will lead to higher energy costs

• It may violate World Trade Organization rules

• It will increase domestic pollution

Why has the heat strategy been delayed?

• Due to lack of funding

• Because of technological challenges

• Because of the pandemic

• Due to political disagreements

What are the two main alternatives being considered for domestic heating?

• Geothermal and biomass

• Heat pumps and hydrogen

• Solar panels and wind turbines

• Nuclear power and coal