Union Budget 2026: India's Carbon Capture Utilization and Storage initiative gets Rs 20,000 crore push for climate action
The Indian government has allocated Rs 20,000 crore over five years to boost Carbon Capture Utilization and Storage (CCUS) facilities, aiming to decarbonize key industries like power, steel, and cement. This initiative aligns with India's net-zero target by 2070 and aims to mitigate the impact of the EU's carbon border tax on exports.
The Indian government has allocated Rs 20,000 crore over five years to boost Carbon Capture Utilization and Storage (CCUS) facilities, aiming to decarbonize key industries like power, steel, and cement. This initiative aligns with India's net-zero target by 2070 and aims to mitigate the impact of the EU's carbon border tax on exports.
