Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

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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.

27 SEPTEMBER 2020 AL CIRCLE

Govt. of Sri Lanka: Accounts Aluminium imports as raw material to foster job market

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

The Sri Lankan Government is to account whether aluminium could be imported as raw material and foster the job market of the country, while saving much foreign currency, stated by Ajith Nivard Cabraal, Money and Capital Market and State Enterprise Reforms State Minister, on 25^th September’20. This observation was made by the state minister in response to a suggestion made by a Sri Lankan MP Mohamed Muzamil.

Aluminium imports as raw material to foster job market in Sri Lanka

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Ajith Nivard Cabraal, said: “I would discuss with President Gotabhaya Rajapaksa and Prime Minister Mahinda Rajapaksa on the matter and additionally to see if the export of aluminium scrap to be prevented allowing the same be used by local manufacturers.”

Aluminium imports as raw material to foster job market

It has been also revealed that a sum of Rs (LKR) 95,723 million is spent on aluminium imports annually.

MP Muzzamil said: “Mostly aluminium is imported as a value-added product and if the government could import it as raw material and add value in the country as it will create employment opportunities, boost industry and save the flow of money out of the country.”

Aluminium imports as raw material to foster job market

He also added: “The country exports scrap aluminium and if the government could prevent it and make provisions for the local manufacturers to use them.”

Note to readers: AlCircle brings two-day event for aluminium industry players. We look forward to meeting you virtually at “Global Aluminium Expo 2020” on October 6-7, 2020. For registration, visit www.alcircleevents.com

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