eu carbon tax

EU carbon border tax will do little to cut emissions: ADB study

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A European Union plan to impose tariffs on high-carbon imports could hurt developing countries in Asia but is unlikely to lead to big reductions in greenhouse gas emissions, the Asian Development Bank (ADB) said in a report published on Monday, February 26. | Photo Credit: AP A European Union plan to impose tariffs on high-carbon … Read more

India Will Address EU’s Carbon Tax Issue; Will Retaliate If Required: Piyush Goyal

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India will address the issue of the European Union’s plan to impose a carbon tax on certain imported goods, Commerce and Industry Minister Piyush Goyal on Friday said, adding that “I will retaliate” if required. The CBAM (Carbon Border Adjustment Mechanism) or carbon tax (a kind of import duty) will come into effect from January … Read more