Categories: India

India can oppose the carbon border tax on the G20 meet

New Delhi: Developing Countries, including India, in May during the G20 two-day minister’s meeting on the environment and climate change in Naples, Italy, starting on Thursday, increasing their concerns over the EU proposal recently on the first carbon border tax in the world.
Under this proposal, 27 EU countries will impose border tax on imports of carbon intensive items.
Tax Plan, but to formalize legally, it will take effect since 2026.
India’s New Environment Minister Bhupender Yadav will participate in a meeting that will focus on how to achieve positive results in the critical session of the UN UN Climate Change Conference (COP26) in Glasgow, England at November.
The Minister of Environment from the G20 nations will also make intervention during the session on natural capital to protect the planet and make joint efforts to use sustainable resources.
In addition to raising important points such as finance and pre-2020 actions of rich countries, India and other countries are expected to increase carbon border tax problems such as unilateral steps can have an impact on their trading time.
“India always holds the view that such unilateral carbon border adjustments will be discriminatory and the principles of equity and CBDR-RC (general responsibility but different and their respective capabilities),” said an official at the Ministry of Environment.
He said India would seek clarification about such proposals, underlining that such trading barriers would not help in bridging the trust deficit between developed countries and developing in front of COP26.
The proposal will soon be legally adopted by 27 countries.
The first day of the meeting on Thursday will be in the environment while the closing day on Friday will take energy problems and climate change.

news2in

Share
Published by
news2in

Recent Posts

44 ordered to attack the procession

Ludhiana: The police have submitted FIR to four identified and at least 40 unknown attackers…

3 years ago

Punjab: Police Reject conspiracy theory in the case of Deep Sidhu

Sonīpat / Ludhiana / Ambala: Actor Punjabi - Activist Activist Deep Sidhu, who died in…

3 years ago

Punjab: Hidden Strength Working Behind PM Narendra Modi, Arvind Kejriwal, said Rahul Gandhi

PATIALA / MANSA / BARNALA: Attacking Prime Minister Narendra Modi and AAP National Convener Kejriawal,…

3 years ago

BJP made AAP to endanger the Congress, said Ajay

Jalandhar: BJP and AAM AAM AADMI parties are one party, Secretary General of the Ajay…

3 years ago

Our job is to make Punjab No. 1 State: Meenakshi Lekhi

Ludhiana: Minister of Union Culture Meenakshi Lekhi while campaigning to support the BJP candidate from…

3 years ago

Feb 20 is an opportunity to change the destiny of Punjab and his children: Bhagwant Mann

Machhiwara (Ludhiana): AAM AAM AADMI Party (AAP) Head of Punjab Candidate and Members of Parliament…

3 years ago