Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

Enter your input

Payable emissions (tCO₂e/t)

Total CBAM Cost (€)

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.

27 MARCH 2019 AL CIRCLE

China cuts subsidy for NEVs; CICC expects this to boost lithium-ion battery materials sales

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

According to a recent update from Shanghai Metals Market, China, on March 26, announced its plan to cut subsidies for new energy vehicles (NEVs), in a bid to encourage innovation and promote high-quality development of NEVs.

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The Ministry of Finance, Ministry of Industry and Information Technology (MIIT), Ministry of Science and Technology, and Development and Reform Commission jointly released a document that says the national subsidy for pure electric passenger cars with a driving range of 400 kilometres and above will be reduced to RMB 25,000 per unit. NEVs with a range below 250 kilometres, on the other hand, will not get any subsidy, according to the document.

MIIT also updated on its website that around seventy-two models of NEVs are removed from the catalogue of cars exempt from vehicle purchase tax.

SMM update there is a transition period from March 26 to June 25 for local government subsidies. During the period, NEVs meeting the technical standards for 2019 will receive 60 per cent of 2018’s local government subsidies, while electric cars below the technical standards for 2019 will get only 10 per cent. Fuel cell vehicles will get a subsidy of 80 per cent during the period.

After the three-month period of transition, local governments will stop the subsidies for NEVs purchase. They will rather use the funds for the improvement of charging facilities and other supporting services.

The research department of China International Capital Corporation (CICC) expects that this movement towards the quality development of NEVs will boost the sales of lithium-ion battery materials by over 30 per cent in 2019.

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