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EU Carbon Tariff Alone Won’t Curb Global Emissions, Urges Broader Climate Action: ADB

The European Union’s (EU) forthcoming Carbon Border Adjustment Mechanism (CBAM) is anticipated to yield only marginal reductions in global carbon emissions while modestly affecting trade flows, particularly in Asia and the Pacific, according to a recent study by the Asian Development Bank (ADB). CBAM, slated to be operationalised in 2026, will entail import levies on […]

Centre Discussing Carbon Tax Mechanism With European Countries: Piyush Goyal

“India is working towards meeting the country’s energy need with clean sources,” says Union Minister Piyush Goyal   The Indian government discussing the carbon tax mechanism with European countries and the proposed mechanism will not hurt Indian exports, said Union Minister Piyush Goyal on Thursday in New Delhi. Speaking at ORF’s first edition of the Energy […]