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Articles for Cbam, search results for countries

COP29: India voices dissent on ‘discriminatory trade barriers linked to carbon emissions
1 month, 1 week ago

COP29: India voices dissent on ‘discriminatory trade barriers linked to carbon emissions

The Hindu  

India has voiced its disapproval of “protectionist” measures that link trade barriers and carbon emissions, at the ongoing climate talks in Baku, Azerbaijan. “A regime of unilateral trade measures on climate change,” India stated on Friday, “imposes the cost of the transition to low-carbon economies on developing and low-income countries. Circular evasions Neither the BASIC proposal nor India’s statement explicitly …

India China Climate Carbon Measures Carbon Emissions Cbam
Fight over including carbon border tax in agenda delays climate talks on day one
1 month, 1 week ago

Fight over including carbon border tax in agenda delays climate talks on day one

The Hindu  

Developing countries, including China and India, sparred with rich nations over including "unilateral trade measures", such as the European Union's carbon border tax, in the agenda of the UN climate talks, delaying the formal start of the conference on Monday. Agenda disputes are common at UN climate conferences but this one is especially significant as countries have limited time to …

Finance India China Tax Developing Climate Finance Developing Countries
In India's FTA talks with EU, sustainability a key issue
3 months, 4 weeks ago

In India's FTA talks with EU, sustainability a key issue

Hindustan Times  

New Delhi: The European Union ’s insistence on sustainability measures such as deforestation rules and carbon tax on imports of steel, cement and hydrogen are akin to non-tariff barriers that can impede ongoing free trade negotiations with India, people aware of the development said. The next round of talks for the proposed India-EU free trade agreement is scheduled for September …

India Indian Carbon Eudr Fta Cbam Delphin
Proposed EU carbon tax protectionist, says Economic Survey
5 months ago

Proposed EU carbon tax protectionist, says Economic Survey

The Hindu  

Echoing the Centre’s concerns on “protectionism”, the Economic Survey has noted that the forthcoming Carbon Border Adjustment Tax mooted by the European Union “went against the spirit of the Paris Agreement.” The Carbon Border Adjustment Mechanism, as it is called, are tariffs that will apply on energy-intensive goods imported into the European Union. This is to ensure that local manufacturers …

India Cbam Border Adjustment
India expresses serious concerns in WTO meet over unilateral protectionist measures
9 months, 4 weeks ago

India expresses serious concerns in WTO meet over unilateral protectionist measures

The Hindu  

India on February 26 expressed "serious" concerns in a WTO meeting in Abu Dhabi over increase in the use of trade protectionist measures by certain countries in the name of environment protection. Mr. Barhthwal "expressed serious concerns regarding the increasing use of trade protectionist unilateral measures, which are sought to be justified in the guise of environmental protection". India against …

India Trade Developing Countries Countries Official Issues Measures
Navigating the Carbon Border Adjustment Mechanism framework
11 months, 2 weeks ago

Navigating the Carbon Border Adjustment Mechanism framework

The Hindu  

A concerning development for India is the European Union ’s Carbon Border Adjustment Mechanism. The Commerce and Industry Minister said recently that the proposed carbon tax on imports is an “ill-conceived” move that would become the “death knell” for India’s manufacturing sector. The CBAM is intended to work like the EU’s Emission Trading System, which sets a cap on the …

India Emissions Carbon Phase Industries Ghg Cbam
How carbon prices are taking over the world
1 year, 2 months ago

How carbon prices are taking over the world

Hindustan Times  

If global warming is to be limited, the world must forget fossil fuels as fast as possible—that much almost everyone agrees upon. In September China’s National Climate Strategy Centre announced that its emissions-trading scheme, the largest in the world, will move from focusing only on the carbon intensity of coal power plants, to focusing on both their intensity and total …

Climate Change Europe China World Market Plants Price
International trade has a carbon problem
1 year, 6 months ago

International trade has a carbon problem

The Hindu  

The European Union’s key climate law, the Carbon Border Adjustment Mechanism, has spooked India. However, the EU’s concern is that while it has a mechanism for its domestic industries, emissions embedded in products imported from other countries may not be priced in a similar way due to a lack of stringent policies or due to less stringent policies in those …

India Trade International Trade Emissions Countries Carbon Wto
Explained | What is the EU’s carbon border adjustment mechanism?
1 year, 7 months ago

Explained | What is the EU’s carbon border adjustment mechanism?

The Hindu  

The story so far: On May 10, co-legislators at the European Commission signed the Carbon Border Adjustment Mechanism. It has been described as a “landmark tool” to put a “fair price on the carbon emitted during the production of carbon intensive goods that are entering the EU, and to encourage cleaner industrial production in non-EU countries.” The reporting system under …

India Countries Carbon European Sectors Ets Cbam
India eyes clean energy sources to tackle tariffs
1 year, 7 months ago

India eyes clean energy sources to tackle tariffs

Live Mint  

The government is considering revising its industrial electrification strategy to prioritize adopting cleaner energy sources, such as green hydrogen and battery storage, over fossil fuels amid the need to meet net-zero targets and the potential imposition of taxes on products based on their carbon emissions by developed nations. The move comes as the steel and aluminium sectors, which predominantly use …

India Europe Indian Steel Transition Green Hydrogen Carbon
Explained | Why is the EU’s carbon border tax worrying other countries including India?
1 year, 7 months ago

Explained | Why is the EU’s carbon border tax worrying other countries including India?

The Hindu  

The story so far: The 27-member European Union has been ramping up its climate action efforts with the European Parliament, the bloc’s legislative body, adopting a rapid pace in climate negotiations. Along with this phasing out of free carbon allowances, the EU will phase in another ambitious and first-of-its-kind policy— the Carbon Border Adjustment Mechanism, aimed at levelling the playing …

India Climate Change China Trade Climate Tax Border
Watch | Business Matters | How can EU’s carbon tax hurt India?
1 year, 9 months ago

Watch | Business Matters | How can EU’s carbon tax hurt India?

The Hindu  

The European Union had in July last formalised a method to stop ‘carbon leakage’ or moving production of high-polluting products to nations outside of the EU in its bid to go green. An article at the World Economic Forum website says: “CBAM will initially cover several specific products in some of the most carbon-intensive sectors at risk of “carbon leakage”: …

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