Tag: eu carbon tax

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

Posted on By admin

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

Business

Parliament panel suggests govt to seek 3 years deferment on EU’s carbon tax for MSMEs

Posted on By admin

The EU has decided to impose carbon tax — CBAM — from January 1, 2026 on seven carbon-intensive sectors, including steel, cement, and fertiliser. | Photo Credit: PTI India should seek deferment on imposition of carbon tax by the European Union (EU) on engineering sector’s MSMEs by three years as domestic manufacturers may not have…

Read More “Parliament panel suggests govt to seek 3 years deferment on EU’s carbon tax for MSMEs” »

Business