Greenhouse Gas Targets: 282 Industrial Units Under Obligation To Reduce Emissions

Major polluting industries successful 4 sectors — aluminium, cement, pulp and insubstantial and chlor-alkali — will person to comply pinch nan government's greenhouse state simplification targets for FY26 and FY27. Failing to do so, they will person to acquisition c credits aliases salary biology compensation.

The Union Ministry of Environment, Forest and Climate Change has issued a draught notification connected this nether nan compliance system of nan Carbon Credit Trading Scheme, 2023. This intends that manufacture operating successful these sectors will person to comply pinch nan ministry's greenhouse state emanation strength (GEI) targets.

The move besides operationalises nan home c marketplace and c in installments trading strategy for nan 4 highly polluting sectors. The ministry has specified nan GEI targets for 13 aluminium plants of Vedanta, Nalco, Hindalco and Bharat Aluminium among others; 186 cement plants of UltraTech, ACC, Ambuja and JSW Cement among others.

“The manufacture will meet its GEI target for nan respective compliance twelvemonth by purchasing c credits certificates from nan Indian c market, successful lawsuit of not achieving nan prescribed GEI target. Failing, they will beryllium liable to salary penalty, successful lawsuit of non-compliance, against nan shortfall successful nan respective compliance year,” said nan notification released connected April 24.

The industries nether nan ambit will now person to return pro-active measures to trim their emissions aliases bargain c in installments to equilibrium nan shortfall nether nan target. It is nan first clip that nan authorities has travel retired pinch quantified emanation simplification targets for each manufacture subordinate successful these sectors.  

The Carbon Credit Trading Scheme, 2023 nether nan Energy Conservation Act, 2001 defines nan Indian c marketplace model wherever a marketplace model is established for trading of nan c in installments certificates to trim aliases region aliases debar nan greenhouse gases emissions.

Published on: Apr 24, 2025 5:08 PM IST