Gearing up for global competitiveness, India explores compensation and collaborative strategies to counter the imminent carbon tax blow, focusing on iron, steel, and aluminium exports
By Outlook Planet Desk 22/12/2023
According to a Global Trade Research Initiative (GTRI) report, CBAM will translate into a 20–35 percent tax on select imports into the EU, starting January 1, 2026
By PTI 08/12/2023
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 European Commission has allayed the apprehensions of Indian exporters, especially regarding reporting standards for carbon-intense goods. Notably, this gesture addresses concerns that emerged during the CBAM's initial phase, which began this October
By Outlook Planet Desk 16/10/2023
The biggest impact of this ban will be the collateral damage of the voluntary carbon market that thrives on trading emission offsets and caters to businesses wanting to claim carbon neutrality by emission offsetting
By Bose K Varghese 30/09/2023
Union Minister Nitin Gadkari said the contribution of diesel cars has already come down drastically in the country and the manufacturers need to stop selling them in the market
By PTI 12/09/2023
The EU has introduced regulations on climate change and trade, including on carbon border adjustment mechanism (CBAM); deforestation, which are not going well with developing countries
By PTI 01/08/2023
The group is mulling over strategies to mitigate its impact and ways of enabling the industry to adapt
By Outlook Planet Desk 16/05/2023
Global Trade Research Initiative (GTRI) report claims that, as of January 1, 2026, CBAM will result in a 20–35% levy on a number of imports into the EU.
By Outlook Planet Desk 06/04/2023
Beginning on October 1 of this year, the EU will implement the carbon border adjustment mechanism (CBAM)
By PTI 01/03/2023