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.

05 DECEMBER 2023 AL CIRCLE

German Chancellor announces launch of new club to aid global energy-intensive industries

EDITED BY : MAYURAKSHI GANGULY 2MINS READ

Germany is extremely active on topics regarding green energy production or the transition to renewable energy. Olaf Scholz, who replaced Angela Merkel in becoming the German Chancellor, on December 1, declared the introduction of a global club to aid interested nations to invest in and develop green energy solutions for heavy industries like steel, cement, and aluminium.

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During the United Nations COP28 climate summit in Dubai, Olaf Scholz announced the formation of the Climate Club, which currently has 36 members. The club's primary objective is to expedite the technical groundwork for a standardised calculation of CO2 intensity in selected products.

Additionally, the club aims to launch an exchange that defines near-zero emissions for cement, steel and aluminium. Scholz also stated that the club will establish a platform to match members' needs with technical and financing instruments from the private and public sectors.

"This will not only send much-needed investment signals to our domestic industries but will also provide orientation for other countries," The Chancellor pointed out.

This year, the German Chancellor visited India twice which resulted in the cooperation of the two countries on green energy and climate conservation. Both countries have agreed to cooperate on successful green hydrogen production. The deal was extended to the point where a provision of sending Indian labourers in times of workforce shortage in Germany was also discussed.

Germany and India are currently in talks to reach an agreement on sharing military intelligence. Additionally, ThyssenKrupp, a German defence company specialising in aluminium alloy component production, is showing interest in the Indian defence market. The company has partnered with Mazagon Dock Shipbuilders, an Indian firm, to bid for a contract to construct submarines for the Indian Navy.

If sustainable development in the aluminium industry is what you wish to learn more about, please have a look at AL Circle's specially curated report, Sustainability in the Global Aluminium Industry.

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