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EU CARBON LEVY
EU to make it harder to suspend carbon fee on importsEU economy ministers have agreed to restrict the suspension of the bloc's carbon emissions fee on imports, aiming to boost certainty for lo...
UK’s steel curbs emerge as an early hurdle for FTA with India ahead of roll-out. Is there a way out?The UK has extended safeguard measures on select steel imports; starting from July 1, 2026, it will reduce tariff-free quotas by 60% and im...
EU's proposed CBAM expansion may impact Indian exporters: GTRIThe European Union is set to broaden its Carbon Border Adjustment Mechanism, which could lead to a spike in carbon tax expenses for Indian ...
Amid carbon pricing jitters, India secures five key assurances from EUIndia has secured crucial advantages from the European Union regarding the Carbon Border Adjustment Mechanism. These include MFN-like statu...
EU-India trade deal leaves bloc's carbon border tariff intactIndia and the EU have reached a trade deal, but the EU's carbon border tariff will remain unchanged despite India's concerns. The EU pledge...
EU may pause carbon levy on fertilizers if market damage emergesThe EU executive will also propose temporary tariff suspensions on ammonia and other fertilizers. This aims to ease financial burdens for f...
Europe wanted its carbon border tax to go global- is it working?The EU's carbon border tax, fully operational from January 1, aims to incentivize global carbon pricing by requiring importers to pay for e...
India's steel exports to Europe set to drop as EU carbon tax loomsIndian steel exports to Europe will likely decrease as the European Union's carbon tax begins next month. Mills are now exploring new marke...
EU suggestion on carbon tax not to help Indian firms much: GTRIThe EU has decided to impose a CBAM, or carbon tax, which will come into effect from January 1, 2026, but from October this year, domestic ...
UK plans to implement carbon tax on imported goods like steel from 2027, a year after EU's proposalsAnnouncing its plan, Britain's Treasury said the proposed new tax will level the playing field, helping greener domestic producers compete ...
Working on tax akin to EU carbon levy to aid local company: Piyush Goyal"There will be no additional CBAM levy if an exporting nation also taxes carbon emissions locally. So, if we collect the tax in India itsel...
India weighs local tax options to avoid EU carbon levy: MinisterIndia is considering a strategy to impose domestic taxes on high-carbon goods and utilize the generated revenue to facilitate its transitio...
Europe’s war on carbon goes global as border tax comes into playThe mechanism has already faced pushback from the EU’s major trading partners including Russia and China, who argue that it undermines the ...
UK carbon price plunge raises risk of green levies on exports to EUIndustries across the world are preparing for the EU's carbon border tax which will come effective from 2026 imposing a fee on polluting im...
To counter rich nations' environment levies, carbon tax on imports in the worksCurrently deliberations are on among the ministries of environment, forest and climate change, finance, and commerce and industry to devise...
India plans to challenge EU carbon tax at WTO: SourcesLast month, the European Union approved the world's first plan to impose a levy on high-carbon goods imports from 2026, targeting imports o...
Carbon Border Tax – Why it may have adverse impact on India’s exports to the EUTo combat carbon leakage, the EU is embarking on an experiment that would expand its climate change policies to imports.
India’s exports may be hit as Europe reaches historic deal to put pollution price on importsThe move comes amid growing tensions over a major US climate package offering subsidies to American manufacturers — seen as putting Europea...
Shipping industry proposes levy to speed up zero carbon futureThe money collected would go into a climate fund that would be used to deploy bunkering infrastructure in ports around the world to supply ...
European Union, greenhouse gas, WTO, carbon border adjustment mechanism, bam-bamCBAM is what will kindle most debate. Imports, initially in the cement, aluminium, iron and steel, fertiliser and electricity sectors, will...