Home / Knowledge / News / Textiles / Carbon tariffs to be next barrier for textile exports
Carbon tariffs to be next barrier for textile exports
Jul '10
Peterson Institute recently released a research report, saying that once carbon tariffs are implemented, China's manufacturing exports will decline by one-fifth and exports of low-income countries will be down by 8 percent.

The European Union, the United States and France have put carbon tariff system on their agendas. China's textiles, food, tires and other industries have received "alerts" on carbon tariffs.

Carbon emissions have already turned from an environmental issue into an economic issue for China's export sectors. When Chinese companies frequently encounter trade barriers like anti-dumping and safeguard measures, another barrier does not seem far away.

In June 2009, the U.S. House of Representatives passed the "2009 Clean Energy Security Act", which proposed to impose carbon tariffs in 2020. In November, the Government of France proposed to impose carbon tariffs on imports on January 1, 2010 on developing countries whose environmental protection legislation is less strict than the EU.

Although carbon tariffs of the two countries are still at "drawing board" stage, their intention is obviously against developing countries, which have made China, India and other countries feel the chill of the announcements.

Relevant research conducted by Financial Research Institute of Chinese Academy of Social Sciences shows that the tariffs will be levied in the range of US $30-60 / ton of carbon, if they will implement carbon tariffs around 2020.

Moreover, with the calculation based on US $60 per ton of carbon, the carbon tariffs are already close to or more than anti-dumping duties faced by some Chinese exports.

The study says that among 15 industrial production sectors, the five production industries, which will be most seriously affected by carbon tariffs, are textiles and apparels, shoes, feather products, electrical machinery communication electronics equipment.

It has been calculated that, under the impact of $30 carbon tariff rate, production of textile industry will decrease by 1.60 percent and under that of $60 tariff rate the production of textile industry will suffer by 3.18 percent.

Fibre2fashion News Desk

Must ReadView All

NRF urges US Congress to step in, stop trade war

Apparel/Garments | On 21st Jun 2018

NRF urges US Congress to step in, stop trade war

The National Retail Federation (NRF) recently urged the US Congress...

Courtesy: Connor Group

Textiles | On 21st Jun 2018

Protectionism top threat to textile sourcing: William Connor

Protectionism is the biggest political factor and threat affecting...

Courtesy: Tintex

Textiles | On 21st Jun 2018

'Price ratio is key factor for knitted fabrics market'

The price ratio is a key factor for the global knitted fabrics market ...

Interviews View All

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Kamal Kulshreshth

Colorjet is among the fastest-growing wide format digital inkjet print...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search