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.

01 JULY 2018 AL CIRCLE

EU leaders warn the US to retaliate against higher tariffs on imported cars if imposed

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

In a summit meeting on Thursday night, June 28, 2018, the European Union leaders slapped the United States with a warning of retaliation should the Donald Trump escalate a trade war with 20 per cent higher tariffs on imported cars from the EU.

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The EU leaders strictly criticised US’ decisions to impose tariffs on imported aluminium and steel products and repeatedly expressed support for the bloc’s retaliatory action over those levies, which Trump justified on national security grounds.

"In reaction to the United States' decision to impose tariffs on the EU for steel and aluminium products, which cannot be justified on the grounds of national security, the European Council fully supports the rebalancing measures, potential safeguard measures to protect our own markets, and the legal proceedings at the WTO, as decided on the initiative of the Commission," read the summit conclusions issued on early Friday.

It added, “The U.S. duties of 25 percent on steel and 10 percent on aluminium cannot be justified on the grounds of national security.” “The EU must respond to all actions of a clear protectionist nature, including those calling into question the Common Agricultural Policy."

The European Union view the US’ additional tariffs on imported steel and aluminium, imposed on 1^st of June, as nothing but “pure protectionist” and thus, levied retaliatory tariffs on a list of US products worth of 2.8 billion euros (US$3.26 billion), ranging from motorcycles to orange juice, with effect from 22^nd of June, 2018.

In response to this, Trump threatened to impose higher tariffs on cars imports from the EU, which if put into place, would hit the EU harder and Germany in particular than the metal tariffs did.

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