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Carbon Border Taxes: An Unfair Threat For India Or An Opportunity To Decarbonise?

India needs to think strategically to protect itself from instruments such as carbon border taxes, writes Akshay Jaitly.

<div class="paragraphs"><p>A pedestrian holding an umbrella walks near a wind turbine  in Dewas, Madhya Pradesh. (Photographer: Dhiraj Singh/Bloomberg)</p></div>
A pedestrian holding an umbrella walks near a wind turbine in Dewas, Madhya Pradesh. (Photographer: Dhiraj Singh/Bloomberg)
By 2026, the European Union could have a carbon tax on imports of certain products manufactured using carbon-intensive energy. This would be the consequence of the adoption of a proposal in July 2021 for a Carbon Border Adjustment Mechanism by the European Commission, effectively placing a carbon price or tariff on EU imports of a selection of products. The objective is to ensure that European emissions reduction efforts contribute t...
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