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Draft Notification for Carbon Rules Issued
Hindustan Times Chandigarh
|July 01, 2025
The union environment ministry has issued a draft notification on greenhouse gases emission intensity (GEI) targets for industries under India's carbon credit trading scheme.
NEW DELHI:
These emission targets are for 2025-26 and 2026-27 for a range of industries under the carbon trading market and suggest that the carbon market will become operational during the period.
The Union government notified the Carbon Credit Trading Scheme in 2023 under the Energy Conservation Act, 2001, which defined the Indian carbon market framework, established for trading of the carbon credit certificates to reduce or remove or avoid the greenhouse gases emissions.
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