even if they are not subject to an ETS or carbon tax at home. ADB said CBAM was expected to cut Asian exports to the EU, particularly from western and southwestern Asia, with steel from India also ...
Echoing the Centre’s concerns on “protectionism”, the Economic Survey has noted that the forthcoming Carbon Border Adjustment Tax (CBAT) mooted by the European Union “went against the ...
The Global Trade Research Initiative (GTRI) said that European Commissioner Wopke Hoekstra remarks that the sole aim of CBAM (Carbon Border Adjustment Mechanism) is to prevent carbon leakage which ...
Differences within the European Union over the looming carbon border tax has given India an opportunity to pitch for some relief from its onerous requirements that are expected to hurt exports to ...
In addition, several questions emerged about the potential impact of CBAM on carbon emission reductions both in the EU and in other jurisdictions. Would CBAM be effective at reducing emissions and ...
Irene de Tovar, policy advisor at EU farming lobby group COPA-COGECA, defended the inclusion of activities that reduce the release of emissions alongside those that remove carbon from the ...