EU planning to include 180 more products under CBAM
The Hindu·8h ago·Neutral
What Happened
The European Union plans to expand its Carbon Border Adjustment Mechanism to include 180 additional products starting January 2028. This expansion could increase carbon tax costs on Indian-manufactured exports to Europe. The European Parliament's Environment Committee recommended the scope broadening following the transitional phase assessment from 2023-2025.
Key Entities
European UnionCarbon Border Adjustment Mechanism (CBAM)European ParliamentIndiaJanuary 2028