The Carbon Border Adjustment is a policy tool. It aims to level the playing field for domestic industries. This adjustment applies to carbon emissions. It affects imports from countries with less stringent climate regulations. The goal is to reduce carbon leakage. It encourages global emissions reduction. This policy has implications for trade and environmental standards. It is a significant step in climate policy.
As 2026 begins, Indian steelmakers confront a new trade reality: Europe’s Carbon Border Adjustment Mechanism (CBAM) has moved from reporting to enforcement, attaching explicit carbon costs to steel,...
From January 1, Indian steel and aluminium exports to Europe enter a far more hostile trade environment. The European Union’s Carbon Border Adjustment Mechanism (CBAM) will begin imposing...