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CARBON BORDER 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 ...
- India will support steel exports hit by Europe's carbon tax: Govt officialIndian steel exports face ongoing challenges from the European Union's carbon tax and import quotas. The Indian government plans to support...
- 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...
- EU will propose measures to close loopholes in carbon border levyThe EU is preparing a three-pronged package by year-end to refine its Carbon Border Adjustment Mechanism (CBAM). This aims to close loophol...
- Trade demands clash with climate agenda at COP29 talksDeveloping countries, including China and Brazil, are raising concerns at COP29 over trade barriers like the EU's carbon border levy, argui...
- India to discuss EU carbon tax in next round of FTA talksIndia will address the EU's import levy on high carbon goods in upcoming free trade agreement talks from September 23-27. The discussions w...
- 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...
- Carbon border rules protectionist and discriminatory: India to WTOIn a submission to the World Trade Organization (WTO) last week, New Delhi said that carbon border measures are being selectively applied t...
- 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...
- After almost 2 and a half years owing pandemic, Bhutan has finally opened its bordersJigme Thinley Namgyal, the consul general, Royal Bhutan Consulate at Guwahati said, “We will levy Rs.1200 for Indian tourist above age of 1...
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