The urgency of tackling climate change is no longer a subject of debate; it is an indisputable reality that demands immediate and coordinated global action. Rising greenhouse gas (GHG) emissions, driven by industrial activity, have propelled temperatures to unprecedented levels, resulting in severe environmental consequences—melting ice caps, erratic weather patterns, and increased frequency of natural...
Reducing carbon emissions is no longer just a regulatory requirement; it’s an urgent necessity. In India, 60% of emissions come from industrial manufacturing, with 15% stemming from the metals value chain, including mining, steel and aluminium production, casting forging, and foundry industries. India is the 2nd largest foundry industry with over 10 million tonnes of...
As the world grapples with the pressing challenge of climate change, nations are increasingly implementing policies aimed at reducing greenhouse gas emissions while maintaining economic competitiveness. One such policy is the Carbon Border Adjustment Mechanism (CBAM), which seeks to address the issue of carbon leakage and ensure that countries with stringent emissions regulations are not...
What is CBAM? Reducing carbon emissions is now a top priority for governments, industries, and international organizations, as outlined in the 2015 Paris Agreement. One proposed solution to this urgent problem is the implementation of a Carbon Border Adjustment Mechanism (CBAM) regulation. This mechanism is especially relevant for energy-intensive sectors like iron and steel, which...
In recent times, the issue of climate change and reducing carbon emissions has become a top priority for many countries and industries around the world. One of the proposed solutions to address this urgent problem is the implementation of a Carbon Border Adjustment Mechanism (CBAM). This mechanism is particularly relevant for energy-intensive industries like iron...
