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.

02 OCTOBER 2023 AL CIRCLE

EU initiates world's first carbon border tariff to curb environmental impact from imported goods

EDITED BY : RUPANKAR MAJUMDER 1MINS READ

The European Union has initiated the rollout of a groundbreaking carbon border tax intending to mitigate the environmental consequences associated with imported products, including aluminium, steel, fertilizer and cement.

EU initiates world's first carbon border tariff to curb the environmental impact from imported goods

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On Sunday, October 1st, 2023, the EU introduced the new tariff (CBAM), which mandates importers of aluminium, cement, iron and steel, fertilizers, electricity, and hydrogen to report their production emissions when entering the European Union.

In 2026, emissions from imported goods will be subject to a charge, requiring importers to purchase certificates corresponding to the amount of carbon emissions generated during production. EU claimed, "Climate change is a global problem that needs global solutions."

This measure aims to counteract "carbon leakage," a phenomenon where companies relocate their operations to regions with less stringent climate policies. Import prices will be aligned with the carbon expenses associated with domestic production, as determined by the EU's emissions trading scheme.

Paolo Gentiloni, the European Union Commissioner for Economy, said, "The Carbon Border Adjustment Mechanism is not about trade protection. It is about protecting the EU's climate ambition and seeking to raise the level of climate ambition worldwide."

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