Carbon tax turns into climate fight at COP28
The European Union’s plan to impose a tax on the carbon pollution emitted to make goods imported from countries like India and China has sparked
The European Union’s plan to impose a tax on the carbon pollution emitted to make goods imported from countries like India and China has sparked
The European Union (EU) is introducing the Carbon Border Adjustment Mechanism (CBAM) from October 1 this year. It would have an impact on seven carbon-intensive sectors, including steel, cement, fertiliser, aluminium and hydrocarbon products.
Crisil, an Indian rating agency, said that India is one of the aluminum producers with the lowest cost in the world due to its integrated operating capability and low power costs as it has coal-based captive power plants.
The European Union’s plan to impose a tax on the
The European Union (EU) is introducing the Carbon Border Adjustment Mechanism (CBAM) from October 1 this year. It would have an impact on seven carbon-intensive sectors, including steel, cement, fertiliser, aluminium and hydrocarbon products.
Crisil, an Indian rating agency, said that India is one of the aluminum producers with the lowest cost in the world due to its integrated operating capability and low power costs as it has coal-based captive power plants.
