Current Affairs - Environment - Discussion

The Bureau of Energy Efficiency is the nodal agency responsible for overseeing and implementing India’s first compliance-based Carbon Credit Trading Scheme. The programme aims to regulate and monitor industrial emissions by assigning emission targets to nearly 490 industrial units across seven sectors for the 2025–26 period. Units emitting below prescribed limits can earn carbon credits, while those exceeding limits must purchase credits or face penalties. The initiative is designed to promote energy efficiency, encourage adoption of cleaner technologies, enhance transparency through verification processes, and strengthen India’s commitment to climate action and sustainable industrial growth.