Indian exports face rising cost pressure as EU plans carbon tax expansion: GTRI – The Times of India

Indian exports face rising cost pressure as EU plans carbon tax expansion: GTRI – The Times of India

As the European Union is set to widen its carbon border tax regime, Indian exports could face significantly higher carbon-related costs as the regime widens its scope, according to a report by the Global Trade Research Initiative (GTRI).The report said the European Parliament’s environment committee has proposed extending CBAM to around 180 additional steel- and…

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India’s move to decarbonise cement, aluminium sectors may help it navigate the EU’s carbon border tax in due course | India News – The Times of India

India’s move to decarbonise cement, aluminium sectors may help it navigate the EU’s carbon border tax in due course | India News – The Times of India

NEW DELHI: In a move that may help India’s high-emission industries navigate the EU’s carbon border tax regime by adopting clean manufacturing processes in due course, Niti Aayog, the govt think tank, has come up with comprehensive roadmaps for decarbonisation of aluminium and cement sectors. This will also contribute to the country achieving its long-term…

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