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.

08 DECEMBER 2016 AL CIRCLE

Russia’s Deripaska files lawsuit against Montenegro over lost aluminium investment

EDITED BY : HEENA IQBAL 2MINS READ

Russian Tycoon Deripaska is looking around for hundreds of millions of euros from the state of Montenegro, as he has been striving for compensation for a lost investment in a failing aluminium plant.

Deripaska's Central European Aluminium Company (CEAC) acquired 58.7 % stake in 2005 in the Balkan country's sole aluminium plant, Kombinat Aluminijuma Podgorica (KAP).

After the financial crisis in 2008, the government withdrew half of that debt for equity deal and kept the plant buoyed up with heavy subsidies. As demanded by the European Union, which Montenegro aims to join to cut subsidies thrusting plant to bankruptcy which finally leads to closing down.

News
According to CEAC, Deripaska had served a Notice of Arbitration against the state of Montenegro claiming “unlawful expropriation of his investment and related treaty breaches by the state".

CEAC further explained that Deripaska had repeatedly tried to negotiate a deal with the government to revive production."The state's sustained hostility towards him and its declared intention to renationalise the companies rendered cooperation impossible," it said.

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According to Reuters, the Montenegrin economy ministry dismissed the allegations, calling them "unreasonable". In 2013, CEAC prosecuted against Montenegro for the failure of the plant, but the International Court of Arbitration in Paris rejected the claims. Other claims in other courts are still ongoing.

Montenegro's Adriatic coastline has seen a great inrush of Russian money, homebuyers and tourists since the country split from Serbia in 2006. But its relation with Moscow was disturbed giving Montenegrin government a pursuit of closer integration with the West, mainly after it was invited to join NATO in 2015.