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.

09 NOVEMBER 2021 AL CIRCLE

French prosecutors broaden investigation on GFG Alliance for an €18 million state-backed loan

EDITED BY : RUPANKAR MAJUMDER 1MINS READ

On 8^th November 2021, the Paris prosecutor's office stated that the French prosecutors are investigating distressed metal magnate Sanjeev Gupta's GFG Alliance, broadening an in-process investigation for a state-backed loan of €18 million to one of its facilities in France.

French prosecutors broaden investigation on GFG Alliance

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The comprehensive French investigation approaches on top of a probe by Britain's Serious Fraud Office into GFG Alliance as it endeavours to refinance its aluminium and steel businesses following the collapse of primary financial lending firm Greensill Capital.

The Paris Prosecutors said that they unfastened an investigation in July 2021 toward allegations of misapplying of company assets and money laundering by Gupta’s GFG, after a decision by prosecutors in Poitiers to pass on their preliminary inquiry into the loan.

However, GFG said: "We not aware of any such investigation and refutes any suggestion of wrongdoing in its French operations.”

The investigation instigated in the western city of Poitiers engulfed a state-backed loan from Greensill for a GFG-owned aluminium facility that manufactures automotive parts. It was induced by employee affirmation that the funds evaporated after shortly being put in the bank of the facility.

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