Published on
Feb 12, 2026
India backs carbon capture push to shield steel exports from EU carbon tax
The Union budget for FY27 has allocated ₹20,000 crore for carbon capture, a move expected to benefit steelmakers the most. The government is positioning the scheme as a potential safeguard against the EU’s Carbon Border Adjustment Mechanism (CBAM), which …
Source:
Mint
-
Neutral
