-IndiaSpend.com While the EU says such a tax is essential to push industries to control greenhouse gas emissions, India claims this targets developing countries unfairly. New Delhi: Last week, Indian environment minister Prakash Javadekar opposed the European Union's (EU) plan to levy an additional 'carbon border tax' on imports from countries such as India that do not have strict norms for controlling industrial greenhouse gas (GHG) emissions. Earlier, on March 10, 2021, the...

-The Hindu Business Line New Delhi asks EU for more details, calls for legal analysis of deal India, the US and a few other countries have expressed apprehensions over the European Green Deal and the impact of carbon border taxes that could be imposed on imports once the proposed Carbon Border Adjustment Mechanism (CBAM) is implemented. India has called for a legal analysis of the deal, a Geneva-based trade official said. “As many...