To counter rich nations' environment levies, carbon tax on imports in the works

Currently deliberations are on among the ministries of environment, forest and climate change, finance, and commerce and industry to devise such duties based on 'polluter pays' principle. The move comes in the backdrop of the European Union's Carbon Border Adjustment Mechanism (CBAM)

from Economy-News-Economic Times https://ift.tt/MQ6KFjR
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