New Delhi, Nov. 4 -- The Environment Ministry has revised greenhouse gas emission intensity (GEI) targets for petroleum refineries and textile units under India's carbon market framework, modifying baseline emission figures for several facilities and removing the 2025-26 compliance year.

The ministry amended the notification on September 22, replacing baseline emission figures for several refineries and revising the associated reduction targets compared with the original notification issued in January, reported The Indian Express.

The changes affect compliance requirements under the Carbon Credits Trading Scheme (CCTS), which uses emissions benchmarks to determine whether industrial units qualify for carbon credit certificates or face f...