India says will oppose 'regressive proposal' by rich nations on carbon tax

India will instead seek more action from European nations and the US, says Environment Minister.

India and other developing nations will oppose plans by the European Union and the US to penalize imports of carbon-intensive goods to curb emissions at the  global climate summit to be held in Glasgow this November.

“It is the most regressive proposal” with “no principle of equity adhered to,” Environment Minister Prakash Javadekar told Bloomberg New Energy Finance’s Vandana Gombar at the BNEF Summit held virtually on Tuesday. “This is unfair taxation, nobody will accept it.”

India will instead seek more action from European nations and the US, which have not kept their commitments on reducing emissions, Javadekar said. US