Goldman Sachs Report Terms EU’s CBAM as Great Risk Factor for Indian Steel Exporters, Predicts Levying of Heavy Carbon Tax
Carbon Border Adjustment Mechanism (CBAM): Goldman Sachs foresees Indian steel producers paying heavy carbon tax for export to Europe in 2026. Feb 22, 2024 The European Commission’s Carbon Border Adjustment Mechanism (CBAM), which will come into force as a permanent system on January 1, 2026, is likely to affect the Indian steel producers the most, […]
