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.

20 APRIL 2018 AL CIRCLE

Russia joins EU and China to communicate with the WTO over US aluminium and steel tariffs

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

After China and European Union who have already corresponded with the World Trade Organisation (WTO) over safeguards from the US aluminium and steel tariffs, now Russia joins the squad too. On April 20, 2018, Russia has approached the WTO arguing that 25 per cent tariff on steel and 10 per cent tariff on aluminium as imposed by the US is nothing but the “safeguard measures”, but without abiding by any of the rules set by the WTO.

{alcircleadd}

According to the WTO, safeguards are when the import of a product is temporarily restricted with the aim to protect a specific domestic industry from an increase in imports, which otherwise threatens to cause irreversible harm to the industry.

The safeguard measures are allowed to be used subject to various conditions. One of them is, the country wishing to put the safeguard measures must notify the WTO and provide an adequate opportunity for consultations with other WTO members, who are perhaps interested in exporting the product.

The WTO also has a “sunset clause” which means the safeguard measures must have a specific time, and the member imposing the safeguard measures must pay compensation should there be any adverse effect on the other members.

But, since the United States has not complied with these rules while imposing the tariffs, according to Russia, the latter wants the WTO to consult the matter with the former and ask them to rectify it.

Tagged with: