UK’s Proposed Carbon Border Tax (CBAM)
Source: IE Context: India has stated it will retaliate if the UK imposes a carbon tax (CBAM) on Indian exports starting January 2027, calling it a violation of the CBDR (Common But Differentiated Responsibilities) principle under international climate agreements. About CBAM (Carbon Border Adjustment Mechanism): What is CBAM? It is a form of carbon tax …
