ENA Economy 2025-07-01 16:48:42 <p><span style="font-size:14px"><strong>New Delhi, Jul 1 (KNN)</strong> The Ministry of Environment, Forest and Climate Change has released draft rules&mdash;Greenhouse Gases Emissions Intensity (GEI) Target Rules 2025&mdash;placing measurable reduction obligations on carbon‑intensive sectors such as aluminium, cement, pulp &amp; paper, and chlor‑alkali.</span></p> <p><span style="font-size:14px">These rules, open to public feedback for 60 days, set baseline emissions for FY 2023 24 and define specific reduction targets for FY 2025 26 and FY 2026 27.</span></p> <p><span style="font-size:14px">Covering 282 individual units&mdash;including 13 aluminium, 186 cement, 53 pulp &amp; paper, and 30 chlor‑alkali facilities&mdash;the rules create a framework for carbon credit issuance and trading under Indias Carbon Credit Trading Scheme (CCTS), launched in 2023. </span></p> <p><span style="font-size:14px">Facilities that meet or exceed their intensity targets can generate tradeable carbon credits, while those falling short must purchase credits or face penalties.</span></p> <p><span style="font-size:14px">Non‑compliance carries financial consequences: such entities must either procure the equivalent carbon credits or pay an environmental compensation&mdash;calculated at twice the average carbon‑credit price during the compliance year&mdash;within 90 days, as per Central Pollution Control Board oversight.</span></p> <p><span style="font-size:14px">The aim is twofold: to decarbonise energy‑intensive industries and support Indias Paris Agreement goals.</span></p> <p><span style="font-size:14px">By incentivising cleaner production methods&mdash;such as fuel switching, energy efficiency improvements, and sustainable technologies&mdash;the rules help drive India toward its Nationally Determined Contributions (NDCs) and long‑term net‑zero ambitions.</span></p> <p><span style="font-size:14px">This marks a significant upgrade from the earlier Perform, Achieve and Trade (PAT) mechanism, adding emissions‑intensity reduction into compliance frameworks.</span></p> <p><span style="font-size:14px">It aligns industrial responsibility with measurable outcomes while strengthening Indias domestic carbon market and readiness for global mechanisms like the EUs Carbon Border Adjustment Mechanism.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 42651 https://knnindia.co.in/news/newsdetails/economy/india-notifies-draft-carbon-emission-intensity-rules-for-industries 2025-07-01 16:48:42 knnindia.co.in