Contents1 Introduction2 About EU’s carbon border tax3 Rationale behind the tax4 How the carbon border tax will work?5 Countries that might be impacted6 Why is India opposing it?7 Issues/concerns/challenges8 Suggestions/Measures9 Conclusion Introduction In March 2021, the EU Parliament had adopted a resolution to implement a ‘Carbon Border Adjusted Mechanism’ (CBAM), pertaining to which proposed that… Continue reading EU’s carbon border tax – Explained, pointwise
Tag: Carbon emissions
India’s carbon dioxide emissions up 5%
A report by the International Energy Agency (IEA) has revealed that India’s carbon dioxide emissions increased by 4.8% in 2018 from last year. The growth in emissions was higher than that of the United States and China. The rise in emissions has been attributed to increased coal consumption. Globally, carbon dioxide emissions rose 1.7% in… Continue reading India’s carbon dioxide emissions up 5%