NEW DELHI: India's all traditionally high-emission industries, including aluminum, cement and pulp & paper, will have to reduce the intensity of their greenhouse gas (GHG) emissions to meet specific targets by 2026-27 compared to a 2023-24 baseline as the govt has notified rules for the country's first legally binding emission reduction target for carbon-heavy industries. The rules, notified by the environment ministry on Oct 8, make it mandatory for 282 industrial units to reduce GHG emissions per unit of product (emission intensity) beginning 2025-26. These industrial units, spread across the country, will be liable to pay a penalty for non-compliance. The rules are notified under the compliance mechanism of the Carbon Credit Trading Scheme (CCTS), 2023. The highest number of indus

See Full Page