Carbon tariffs needn’t impede Indian exports to the EU4 min read . Updated: 16 Jun 2021, 06:22 AM IST
Exporters of energy-heavy products must decarbonize production in preparation for such a barrier
The European Union (EU) stands out for its bold initiatives on preventing climate change. The EU’s Carbon Border Adjustment Mechanism (CBAM) is one such initiative for imposing additional import duties on certain products in accordance with their carbon content to discourage carbon-intensive imports.
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