# Tags

Indian Steel And Cement Sit On ‘Carbon Tax Time Bomb’

The current concern centres around the default values set by the EU for carbon emissions in various products, including steel and cement Indian steel and cement companies are facing a looming challenge as the European Union implements its new Carbon Border Adjustment Mechanism (CBAM), popularly known as the “carbon tax.” This mechanism, designed to create […]

Nations Reject Weak Carbon Market Rules

Countries have failed to adopt rules under Article 6.2, which covers bilateral actions between countries to reduce or remove greenhouse gas emissions  Nations failed to reach a consensus on regulations to create a global carbon market during the 28 Conference of Parties (COP28) to the United Nations Framework Convention on Climate Change, which concluded on […]

Wealthiest 10 Percent In Developing Nations Emit Less Emissions Than Regular Earners In Rich Nations: Study

Analysing per capita CO2 emissions across income brackets in 14 countries, the EU, and the ASEAN region, the study uses data from the World Inequality Database and the World Bank A recent study by the New Delhi-based climate think tank Council for Energy, Environment, and Water (CEEW) reveals that individuals in rich countries, even with […]

EU Weighs India’s Bold Carbon Tax Bid

The European Commission has allayed the apprehensions of Indian exporters, especially regarding reporting standards for carbon-intense goods.This gesture addresses concerns that emerged during the CBAM’s initial phase, which began this October    India’s proposal for the local collection of carbon taxes aimed for specific exports to the union is being considered by the European Union […]

India-EU Tech Council Hosts Global Workshop on Green Energy

Summary- India and Europe are engaged in strategic coordination and engagement on trade and technology. After a meeting to discuss bilateral collaboration between the President of the European Commission, Ursula von der Leyen, and the Hon. Prime Minister of India,  Narendra Modi, on  25 April, 2022, it was publicly announced. There are three working groups […]