CBAM will tax the embedded carbon' in imports from select emission-intensive sectors-cement, steel, aluminium, hydrogen, electricity and fertilizers. It is expected to be implemented in 2026.
Although textiles isn't mentioned by CBAM, promoting a circular economy in the sector, one of the biggest polluters, will be a key topic of proposed consultations, one of the persons cited above said.
A circular economy approach refers to a mechanism to extend the life of products through reuse and repair and to keep end-of-life material in the economy through recycling.
In the textile industry, much of this is about limiting water use. Textile manufacturing is a water-intensive sector, consuming roughly 1.6 million litres of water in India to produce 8,000 kg/day of fabric. Globally, 4% of all freshwater is used up in making textile products.
Bu hikaye Hindustan Times dergisinin February 19, 2024 sayısından alınmıştır.
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Bu hikaye Hindustan Times dergisinin February 19, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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