Carbon Emissions

Union Budget 2026: The Centre will launch a ₹20,000 crore scheme over five years to promote carbon capture technologies across power, steel, cement, refineries and chemical sectors

India has made substantial progress in establishing its carbon market framework, a crucial step towards developing its mitigation strategy, the Economic Survey released on Thursday said. The government adopted the Carbon Credit Trading Scheme (CCTS) in June 2023, operating through a dual mechanism that incorporates mandatory compliance and voluntary offset approaches. The compliance mechanism targets energy-intensive industrial sectors through an emission intensity-based baseline-and-credit system, initially covering sectors such as cement, iron and steel, etc. Entities that exceed their emissions intensity targets earn Carbon Credit Certificates (CCCs), denominated in tonnes of CO equivalent (tCO2e), which they can trade on power exchanges. Those that fall short must buy and surrender equivalent credits. "This framework leverages the existing Perform, Achieve and Trade (PAT) scheme infrastructure, gradually transitioning it into a fully operational compliance carbon market," the .

Analysts say clean energy growth in Asia offset increased coal-fired generation in the US, limiting overall emissions growth in 2025

This comes after the government notified targets for the aluminium, cement, chlor-alkali and pulp and paper sectors in October 2025

EU's carbon border levy enters its payment phase from January 1, 2026, with Indian steel and aluminium exporters facing price pressure and tougher emissions data compliance

The EU also wants to clamp down on foreign companies if there is evidence they are under-reporting their emissions to dodge the levy

A deep split has emerged within India's auto industry over the proposed CAFE exemption for small cars, with only Maruti Suzuki and Renault backing the move in the final SIAM vote

India's projected CO₂ emissions growth of 1% (38.9 GtCO₂/year) is higher than the global average and China's 0.4%, but lower than the US rate of 1.9%

India could see its coal power emissions peak before 2030 if it meets its 500 gigawatt (GW) non-fossil power capacity target, according to a new analysis published on Tuesday. The report by the Centre for Research on Energy and Clean Air (CREA) said China, India and Indonesia, the three largest coal growth markets and top drivers of global CO2 emissions since the Paris Agreement, are now on track to peak power sector emissions by 2030, provided they sustain their clean energy momentum. Together, these countries accounted for 73 per cent of global coal consumption in 2024. According to the study, India's clean electricity growth has accelerated sharply, with a record 29 gigawatt (GW) of non-fossil capacity added in 2024 and 25 GW more in the first half of 2025. "Meeting India's 500 GW of non-fossil power capacity set by Prime Minister (Narendra) Modi could in fact peak coal power before 2030. The country has already crossed the 50 per cent mark well ahead of its 2030 deadline, even

These carbon pricing mechanisms, however, allegedly may give rise to 'carbon leakage', when applied unilaterally by countries

Indian policymakers are drawing up an updated climate change pledge to be presented to the UN by early November. The world's watching closely

India had estimated shipping costs to rise by $100 million per annum with proposed green levy

The government has notified the Greenhouse Gases Emission Intensity Target Rules, 2025, setting India's first legally binding emission reduction targets for carbon-heavy industries. The notification, issued by the environment ministry on October 8 after considering all suggestions and objections received on the draft rules published on April 16, requires 282 industrial units across the aluminium, cement, pulp and paper and chlor-alkali sectors to reduce their greenhouse gas emissions per unit of output (emission intensity) from the 2023-24 baseline levels. According to the notification, each facility must reduce the amount of greenhouse gases emitted per unit of output (measured in tonnes of carbon dioxide equivalent per tonne of product) compared to a 2023-24 baseline. The compliance period begins in 2025-26 and continues through 2026-27. The move operationalises the Energy Conservation (Amendment) Act, 2022, which empowered the government to establish a domestic carbon market. It

Asian countries' growing support for carbon capture and storage (CCS) to reduce fossil fuel emissions could result in nearly 25 billion tonnes of additional greenhouse gases by 2050, undermining the Paris Agreement and exposing their economies to risks, according to a new report released on Monday. Carbon capture and storage (CCS) is a technology designed to trap carbon dioxide (CO2) emissions from sources such as power plants and industrial facilities, prevent them from entering the atmosphere, and store them underground in geological formations. The study by Climate Analytics, a global climate science and policy institute, assessed current and prospective CCS deployment in China, India, Japan, South Korea, Indonesia, Thailand, Malaysia, Singapore and Australia, which together account for more than half of global fossil fuel use and greenhouse gas emissions. It said emissions from many Asian economies, led by India and other developing countries in South and Southeast Asia, show no

The value of timber and non-timber products falls across states, even as carbon stocks rise

The European Union will launch its first import tax on steel, cement, aluminium and more to reduce emissions and prevent companies from shifting production abroad

Other than meeting India's climate objectives, the domestic carbon market has profound implications for the country's export competitiveness

Tata Steel Nederland signs non-binding pact with Dutch govt for up to €2 bn to cut emissions at IJmuiden, with plans for direct reduction and electric arc furnace transition

Emissions targets have been announced till 2027, and a new set of targets and sectors will be finalised in FY27 for the FY28-30 period

'Carbon-free' data centres will not only create jobs but also boost indigenous manufacturing of renewable energy and storage systems, Union Minister Shripad Yesso Naik has said. The Minister of State for Power and New & Renewable Energy made the remarks while inaugurating the First Data Centre Summit on Carbon-Free energy in the national capital on Thursday. "Every new carbon-free data centre built in India will create green jobs, boost indigenous manufacturing of renewable and storage systems, and generate new business models for digitalenergy convergence," Naik said at the event organised by industry body National Solar Energy Federation of India (NSEFI) in partnership with Amazon. The minister said the digital and the clean energy revolution in the country must now converge. India strongly believes that energy transition is not only about megawatts and gigawatts. It is about jobs, skills, and innovation. As per NSEFI, carbon-free data centres are those that are powered by or ...