India considers imposing sector-specific taxes to counteract the European Union's carbon tax while criticising the EU's approach as detrimental to global trade
By Outlook Planet Desk 03/11/2023
The EU is introducing the CBAM from October 1 this year. CBAM will translate into a 20-35 per cent tax on select imports into the EU starting January 1, 2026
By PTI 14/09/2023
Starting in October, domestic companies in seven carbon-intensive industries—including steel, cement, fertiliser, aluminium, and hydrocarbon products—must submit applications to the EU authorities for compliance certifications.
By Outlook Planet Desk 10/05/2023
The new rules increase the overall ambition of emissions reductions by 2030 in the sectors covered by the EU ETS to 62 per cent compared to 2005 levels
By Outlook Planet Desk 27/04/2023
The Indian government and industry have been advised by the Global Trade Research Initiative (GTRI) on how to lessen the impact of the EU's carbon price
By Outlook Planet Desk 17/04/2023