Breathe Easier: Indian Steel Industry Makes Strides in Decarbonization
The Indian steel industry is emerging as a frontrunner in decarbonization.
The Indian steel industry is emerging as a frontrunner in decarbonization.
In recent days, we have seen insufficient action by nations and corporates alike. For example, to meet its climate goals, the EU needs to cut its carbon emissions three times faster.
As India plans its own carbon tax, it is likely to accept the EU’s Carbon Border Adjustment Mechanism (CBAM)
The European Parliament voted to bar products made with forced labor from the EU market. The move will be ensured through a set of regulations to be put in place to investigate the ‘forced labor’ in the supply chain.
European Union on June 29, 2023, introduced a regulation on deforestation-free products. How this translates into real-world scenario is this: operators trading these commodities in the EU market must have a certificate or legal documents to prove that the products do not originate from recently deforested land or have contributed to forest degradation.