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CARBON CREDIT COMMITTEE
From BS-IV to BS-VI: Cabinet nod for cleaner mobility in Delhi-NCRThe Union Cabinet has approved a new scheme to replace old trucks and buses in Delhi-NCR. This initiative aims to significantly reduce air ...- Government forwent Rs 1 lakh crore via excise duty cuts to shield consumers from fuel inflation: FMIndia's Finance Minister Nirmala Sitharaman explains recent fuel price increases are market-driven by oil companies. She noted the governme...
- Basel III fragments as US, Europe and India take diverging paths on bank capital rulesFifteen years after its finalization, the Basel 3 accord's goal of uniform global banking rules has fragmented. National regulators are now...
- Maharashtra announces incentive scheme for sugar mills; to reward units for qualityMaharashtra government has launched an incentive scheme to reward cooperative and private sugar mills for quality performance and financial...
- Mission carbon market: RE, green hydrogen among eight segments receive clearanceThe government has approved detailed procedures for an offset mechanism across various segments like renewable energy and green hydrogen pr...
- Himachal govt forms carbon credit panel to explore additional revenue streamThe initiative seeks to enhance the capacity of the state government in identifying, developing and implementing carbon credit projects, sa...
- India bets on green credits, but could they reward deforestation?Indian Prime Minister Narendra Modi's Green Credit Programme (GCP), showcased at COP28, could potentially benefit businesses responsible fo...
- Parliament panel suggests govt to seek three years deferment on EU's carbon tax for MSMEsThe EU has decided to impose carbon tax - CBAM - from January 1, 2026 on seven carbon-intensive sectors, including steel, cement, and ferti...
- GIFT City gears up for direct listings, re-insuranceGIFT City started in 2007 as a completely greenfield experiment when PM Modi was the chief minister of the state of Gujarat. In 2020 the go...
- India to set emission reduction mandates for 4 sectors, to start carbon trading from 2025India plans to set carbon emission reduction targets for four sectors heavily reliant on fossil fuels. The targets will be aligned with the...
- Study to assess carbon footprint of India's tea industryThe Tea Research Association (TRA) has started a collaborative study to assess the carbon footprint of the tea industry. The study aims to ...
- Vibrant carbon market, not tax, could rein in carbon emissions in India, says Yale University economistThe success of India's carbon market will depend on the regulator's ability to enforce design features, according to Rohini Pande, Director...
- Scheme finalised for carbon credit marketCarbon credit certificates will be issued to entities for exceeding the target in reducing greenhouse gases emission intensity. The environ...
- Local carbon credit trade likely to kick off in July-September: Power Secretary"For carbon credit market, we have set a very tough target for ourselves. A lot of groundwork has to be done," he said in an interview. The...
- India to bolster carbon trading market with stabilisation fundIndia's carbon market is being set up in two phases, according to the government's presentation slides. In the first phase, between 2023 an...
- Rajya Sabha members pick holes in Energy Conservation (Amendment) Bill, 2022Opposition members said that the bill has many issues and that there is a domain conflict. Some said that the bill should have been gone to...
- Government mulls priority sector lending certificates for banksAmong the changes proposed, renewable energy sector is likely to be accorded the priority sector lending status, up to Rs 10 crore loans.
- India contemplates tapping carbon credit from agricultureIndia is trying to build a case to include agriculture in an estimated global market of $200-billion for carbon credit from the Clean Devel...
- Polluting power cos may pay carbon taxThe energy coordination committee headed by PM Manmohan Singh has suggested imposition of a carbon tax on polluting power stations.
- Carbon, tax credits for green driveThe government is examining a proposal to provide tax benefits to corporates using clean technologies and generating carbon credits.
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