India Seeks to Equate Domestic Carbon Pricing with EU's Carbon Border Adjustment Mechanism
India is working on a domestic carbon pricing solution to align with the EU's Carbon Border Adjustment Mechanism (CBAM), a border tax on imports based on carbon emissions. This move aims to offset potential negative impacts on Indian businesses and ensure fair competition in the EU market. The implementation may involve a carbon tax or cap-and-trade system, signaling a shift toward sustainability
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