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EU carbon tax to hurt developing countries with extra costs: CSE

The Centre for Science and Environment (CSE) warns that the EU's new carbon border tax will shift decarbonisation costs onto developing nations like India. This measure, set to generate significant revenue for the EU, imposes tariffs on emission-intensive goods, potentially impacting India's steel and aluminium exports by around 25% and creating trade disadvantages.

4 Jan 2026 7:40 am