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.

14 JUNE 2019 AL CIRCLE

China's EV market growth plummets in May 2019 on subsidy cuts and surplus production

EDITED BY : BEETHIKA BISWAS 2MINS READ

After growing exponentially for five years boosted by liberal government subsidies, China’s electrified vehicle market is on the verge of slowing down. Beijing started subsidy in the buying price of EVs and plug-in hybrids in order to control vehicle emissions and cut down on oil imports.

In Q1 2019, aggregate sales of electric vehicles and plug-in hybrids remained explosive, growing 110 per cent to nearly 300,000 units. However, in April, sales of EVs and plug-in hybrids rose about 18 per cent to about 97,000. By May, monthly demand for EVs edged up only 1.8 per cent YoY to around 104,000 units.

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With the subsidies, Beijing also wanted to have an edge over global carmakers in the field of EVs and plug-in hybrids. The sale skyrocketed more than 300 per cent in 2014 and 2015 and annual sales growth remained above 50 per cent in the next three years.

On March 26, 2019 the Chinese government slashed subsidies for EVs and plug-in hybrids by 50 per cent and barred provincial governments from subsidizing in local levels leading to a quick drop in the sale creating slowdown in the domestic market, especially in EVs than plug-ins. EVs comprised 80% of the total electrified vehicle sales as they received higher government subsidies.

According to estimates by the China Automobile Dealers Association, EV subsidies were cut by more than 70 per cent. The EV market in China is not likely to bounce back soon considering the slowing economy and the government’s plan to phase out the subsidy program for EVs and plug-in hybrids completely by the end of 2020.

However, despite the falling sales numbers, production of EVs and plug-in hybrids advanced 17 per cent to about 112,000 units in May leading to a surplus market. The government’s carbon credit program is also likely to push more EV production in the coming months adding to the surplus. It is getting apparent that demand for electrified vehicles is limited in absence of subsidies and without a policy change the market is not likely to regain its growth.

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