https://www.taxtmi.com/article/detailed?id=17153 The proposed amendment would include the Iron and Steel sector in the greenhouse gas emission-intensity target framework by inserting a Third Schedule into the Greenhouse Gases Emission Intensity Target Rules, 2025. It would prescribe entity-specific baseline production, baseline emission intensity and compliance targets. The framework regulates emissions per unit of production rather than imposing absolute caps. Steel entities meeting prescribed targets are expected to be eligible for carbon credits, while entities failing to meet them may need to purchase credits or fulfil other regulatory requirements. en-us Tue, 11 Aug 2026 08:48:25 +0530 Tue, 11 Aug 2026 08:48:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=17153 The proposed amendment would include the Iron and Steel sector in the greenhouse gas emission-intensity target framework by inserting a Third Schedule into the Greenhouse Gases Emission Intensity Target Rules, 2025. It would prescribe entity-specific baseline production, baseline emission intensity and compliance targets. The framework regulates emissions per unit of production rather than imposing absolute caps. Steel entities meeting prescribed targets are expected to be eligible for carbon credits, while entities failing to meet them may need to purchase credits or fulfil other regulatory requirements. Articles Environmental Law Tue, 11 Aug 2026 08:48:25 +0530 https://www.taxtmi.com/article/detailed?id=17153