EU’s carbon border tax – Explained, pointwise

Introduction In March 2021, the EU Parliament had adopted a resolution to implement a ‘Carbon Border Adjusted Mechanism’ (CBAM), pertaining to which proposed that goods entering the EU would be taxed at the borders. The E.U. proposal still needs to be negotiated among the 27 member countries and the European Parliament before becoming law. If… Continue reading EU’s carbon border tax – Explained, pointwise

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%