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Articles for Cbam, search results for transition

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
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
Mobility issues, carbon tax exemption, and visas key issues in trade talks between India and the UK
8 months ago

Mobility issues, carbon tax exemption, and visas key issues in trade talks between India and the UK

Live Mint  

The UK is unlikely to accept an Indian request to be exempted from a proposed carbon tax, a British daily reported, even as a four-member team of senior commerce ministry officials from New Delhi continued talks in London to try and iron out unresolved issues holding back a free trade agreement. The team, which left for the UK on 16 …

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CBAM will kill EU manufacturing, India will have its own carbon taxes: Goyal
1 year, 1 month ago

CBAM will kill EU manufacturing, India will have its own carbon taxes: Goyal

The Hindu  

NEW DELHI The European Union’s proposed Carbon Tax on imports is an ‘ill-conceived’ move that would become the “death knell” for its manufacturing sector, Commerce and Industry Minister Piyush Goyal asserted on Thursday, adding that even if the plan that is set to kick in from 2026 isn’t eventually abandoned, India would neutralise it by levying its own carbon tax. …

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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 …

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