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.

14 JULY 2020 AL CIRCLE

New Zealand Govt should acquire Tiwai Point Aluminium smelter: Social Credit Party

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

New Zealand’s political party Social Credit has called the government to intervene and acquire Rio Tinto’s Tiwai Point aluminium smelter and convert it to a State-Owned Enterprise (SOE), issuing non-tradable shares to every New Zealand citizen.

Social Credit calls NZ govt to buy out Tiwai Point smelter

{alcircleadd}

Social Credit Party has also advised that Govt. should offer just $1 for the purchase and then plough money into installing advanced emission control equipment to stop aluminium getting into the air and the food chain and cleaning up the environment and the leftover waste products.

The plant could also be reformed to lift it to the world-class standards.

The investment could be realized very easily and would not involve any cost to taxpayers, by using a process similar to the $60 billion the Reserve Bank is creating currently to buy government bonds off rich investors, banks and speculators.

NZ Social Credit demand Govt to buy out Tiwai Point smelter

The substitute is to expend millions in unemployment benefits for years to come as the downstream effects of the shut-down affect the Southland economy with many people on the social security, numbers of others moving away from Southland to find work elsewhere, and additional health costs and the other effects of unemployment.

The idea would also safeguard a huge investment by Transpower over the next 10 years to build the capacity to transport Lake Manapouri power to other parts of the country, wasting energy in the process.

Partial of the sale package would demand to be long term contracts for raw materials and sale of the finished product to international supply chains.

The shares would give every New Zealander an annual dividend, and could only be sold to a Tiwai Point Trust established to hold any unwanted shares, with dividends on those shares being used to benefit the Southland community.

An extension of the plan should be the re-purchase of the shares the government doesn’t already own in Meridian Energy, with it also being turned into an SOE, with the issue of non-tradable shares to every New Zealand citizen.

Tagged with: