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.

09 JUNE 2020 AL CIRCLE

Washington Governor’s open letter to Alcoa fall short to save Intalco Aluminium smelter’s employees future

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

Alcoa Corporation initiated the worker's lay-off diligently at its Smelter in Ferndale, Washington post they received an offer of assistance from the state governor. This is also a nod to end the production of the plant.

Alcoa started laying off at Ferndale smelter

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On 4^th June’20, Alcoa began to pass out pink slips on to many of the plant’s 700-strong workforce, giving the first five dozen by 5^th June’20. The layoffs are anticipated to pursue this week, reaching up to 400 workers over the coming two weeks. Eventually, the company is assumed to retain around 30 people in August’20, and gradually take it to 50% that number over the following year.

The Governor of Washington Jay Inslee wrote an open letter to Roy Harvey, CEO of Alcoa for volunteering to support broker deal between the organization and potentially engrossed parties aspiring to buy the aluminium smelter, however, the American company started layoff from the next day.

The Governor said: “My office has engaged in discussions with your company representatives, and we understand that you do not believe anything can be done to keep this essential business operational. Nonetheless, we stand ready to help Intalco fully ramp back up, should you choose to do so when global markets improve.’’

After conveying his fall short to save the employees future as Alcoa’s decision came during the COVID-19 epidemic and global economic downturn, the Washington Governor guaranteed the state’s backing in supporting the plant to remain competitive.

He said: “Washington State has an established infrastructure that allows companies like Intalco to be as competitive as possible, and in 2016, we worked with Intalco executives and federal officials to secure a deal that helped keep the company operational until now. That deal included some of the lowest energy prices in the nation, a tax preference extension worth $2 million per year, and $3 million for worker training and skill enhancement.’’

Miserably all the measures to support Alcoa has remained just too short, as during Q1 the company posted a loss of $24 million.

China’s aluminium ingot inventory continued to build up, and the pattern of high-level adjustment in aluminium prices continued