June 30, 2025 3:37 PM
Govt drafts emission targets for over 460 industries under carbon market plan
The Ministry of Environment has issued a draft notification proposing legally binding greenhouse gas (GHG) emission targets for over 460 industrial units as part of India's first compliance-based carbon market. The move, aimed at curbing industrial emissions and accelerating decarbonisation, will apply to sectors such as aluminium, iron and steel, petroleum refining, petrochemicals, and textiles. Titled the Greenhouse Gas Emission Intensity Target Rules, 2025, the draft, dated June 23, forms p...