New Delhi is reportedly seeking to shield its producers from the bloc’s carbon tax India wants to protect domestic exporters from a planned EU carbon tax by asking the bloc for concessions that will help align their respective emissions trading systems, Bloomberg reported on Tuesday, citing sources. The new EU Carbon Border Adjustment Mechanism (CBAM) will come into effect in 2026. The tax aims to encourage producers to reduce emissions embedded in the manufacturing of carbon-intensive goods. The bloc also wants to prevent European firms from importing goods with a high carbon footprint without incurring the relat
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