Price Mechanism Crucial for India’s New Carbon Market
Experts urged India to embed PSAM in its new carbon credit scheme to prevent price collapse and ensure a credible, long-term decarbonization signal.
Experts urged India to embed PSAM in its new carbon credit scheme to prevent price collapse and ensure a credible, long-term decarbonization signal.
It mandates 282 high-emission industrial units in cement, aluminium, chlor-alkali, and pulp & paper to cut their carbon intensity over the next two years.
The Ministry of Environment, Forest and Climate Change, or MoEFCC, has issued the draft Greenhouse Gas (GHG) Emission Intensity Target Rules, 2025
CBAM, currently affecting only 1.64 percent of India’s total exports, is an additional tax burden and trade barrier