Carbon Credit Trading Scheme

INDIA'S INDUSTRIAL CLIMATE STRATEGY: PROGRESS, GAPS, AND CHALLENGE OF DECARBONISATION

India is shifting from the energy-focused PAT scheme to the Carbon Credit Trading Scheme (CCTS) to mitigate industrial greenhouse gases. This strategy safeguards export competitiveness against the EU CBAM while supporting India’s 2070 net-zero target.

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EU CARBON BORDER ADJUSTMENT MECHANISM: OPPORTUNITIES AND CHALLENGES FOR INDIA

The EU's Carbon Border Adjustment Mechanism enforces carbon taxes on specific imports. This challenges India’s carbon-intensive sectors like steel and aluminium. India must leverage FTAs, develop domestic carbon pricing, and transition to green technologies to ensure global competitiveness.

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NATIONAL ENERGY CONSERVATION DAY

National Energy Conservation Day, observed on 14 December, underscores the importance of efficient and responsible energy use in India’s development journey. Through initiatives such as CCTS, PAT, UJALA, PM Surya Ghar, energy-efficient building codes, and behavioural programmes like LiFE, India is reducing energy wastage, strengthening energy security, and advancing its clean-energy and climate goals.

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