News
News
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.
