Calculate Embedded Emissions for Unwrought Aluminium (HS7601)
Enter your input
Notes:
There may be a difference when calculating the price with respect to
import volume, carbon price, and benchmark emissions, as the embedded
formula may result in minor variations due to decimal rounding.
Therefore, the actual value may vary.
CBAM is applicable to trade volumes starting from 50 metric tonnes. For trade volumes below 50 metric tonnes, CBAM does not apply.
Usage Procedure – How to use the CBAM Calculator Sheet
Enter or update values only in the
INPUT PARAMETERS section (Highlighted in blue) ,
including the carbon price, benchmark emissions, CBAM chargeable
percentage (as per the phase-in year), and imported quantity.
The system will automatically calculate the
payable emissions and the total CBAM cost (€)
based on the inputs provided.
Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.
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Australian Workers Union demand 100% RET exemption
1MINS READ
The Australian reports that the Australian Workers Union has called for a 100% exemption from RET from their current 90% and urged that the Renewable Energy Target be pushed back to 2022 from 2020.
The paper reports that the delegates from the AWU aluminium will meet in a conference today and pass the resolution to bring these two changes to the fore.
Before the AWU’s appeal, 25 federal lower house Coalition MPs had also called for a full exemption for the aluminium smelters. According to the aluminium sector, they spend close to an additional $80 million a year thanks to the imposed RET.
Despite the industry’s complains, the federal Government’s RET Review discovered that this sector would in fact benefit from RET as per calculations as the subsidy costs are surpassed by the downward pressure on wholesale electricity prices.
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