May 20, 2024

Vietnam's steel industry faces challenges with upcoming EU carbon tariffs

Since 2015, Vietnam has been the leading producer and consumer of finished steel products in the ASEAN region. However, with the European Union's imminent imposition of carbon tariffs, local industry players admit that it is "impossible" for the country's
November 17, 2023

UK plans to introduce carbon border tax in 2026 following EU’s CBAM

In line with measures announced by the EU, the UK also plans to implement a carbon border tax starting from 2026.
October 03, 2023

Indonesia maturing carbon tax regulation in response to EU’s CBAM

The Indonesian government is still working on finalizing its carbon tax regulation, which aims to anticipate the EU’s CBAM that will be fully implemented in 2026.
October 02, 2023

EU launches transitional phase of CBAM, world's first carbon tariff

EU launched the first phase of the world's first system to impose CO2 emissions tariffs on imported steel, cement, and other goods as it tries to stop more polluting foreign products from impeding its green transition.
May 19, 2023

India to confront EU Carbon Tax at WTO

India intends to file a complaint to the WTO over the EU's proposal to impose a 20% to 35% levy on carbon-intensive imports such as steel, iron ore, and cement from India, according to top government and industry sources.
April 21, 2023

European Parliament approves EU’s biggest climate policy

The European Parliament approved on April 18 as many as three pieces of legislation from its landmark Fit for 55 package, which aims to reduce greenhouse gas emissions by 55% by 2030.
December 14, 2022

EU strikes deal to tax carbon on imports

The European Union took a step forward to imposing a carbon tax on imports of energy-intensive goods such as steel and cement after striking a deal with EU members on Tuesday.

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