Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search
Related Articles
Letter on carbon: Meet America’s first CCS major
Deal with Calpine shows oil and gas major ExxonMobil has no intention of curbing its CCS ambitions, despite US policy risks and broader scepticism over the energy transition
CCS costs surge as trade war rattles developers
Volatile tariffs add new risks for a sector already struggling to achieve economies of scale
Major UK CCS project set for lift-off as Eni wins state funding
Liverpool Bay project on track for 2028 startup as Italian energy company reaches financial close with government for CO₂ transport and storage network
Occidental secures EPA backing for DAC storage
STRATOS project in Texas granted Class IV permits despite deep uncertainty over Trump administration’s readiness to support carbon management tech
Letter on Carbon: Major commitment
The massive expansion of the Northern Lights project in Norway is the clearest sign yet that the European oil and gas companies mean business when it comes to CCS
India’s carbon market challenge
Launch of credit trading scheme likely to slip into 2026 as government grapples with complex market design challenges
Aramco works to accelerate DAC development
Direct air capture is still in its infancy, but organisations are seeking to leverage global collaborations and AI to discover new materials, with an aim of scaling up the technology and cutting costs
Letter on carbon: Carbon capture’s new power play
Rising power demand has boosted the prospects for CCS as some more established transition technologies come under pressure
SLB sees CCS growth in power sector
Demand for CCS to abate new gas-fired plants is rising as datacentres seek low-carbon power, Frederik Majkut, SVP of industrial decarbonisation, tells Carbon Economist
Outlook 2025: Bridging Southeast Asia’s energy gap with gas and carbon capture
Gas with carbon capture can be the solution to the region’s rapidly rising energy demand in the age of transition
Prime minister Narendra Modi
India Carbon capture
Marat Aslan
21 August 2024
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

India sets sights on breakthrough carbon-capture framework

South Asian economic giant is prioritising the development of CCUS policies to combat climate change and meet its international climate commitments

India’s appetite for CCUS is poised for significant growth heading into 2025 as the government has indicated it expects to announce a new policy framework for the sector before the end of this year. As the world’s third-largest emitter of CO₂ and one of the fastest-growing economies globally, the government recognises the need for greater policy support. In 2021, Prime Minister Narendra Modi’s pledged to reduce carbon emissions by 50% by mid-century, before ramping up to full net zero by 2070.  “India’s economy saw rapid growth in 2023, expanding by 6.7%,” said Megha Arora, partner at Indian law firm JSA Advocates & Solicitors. “The country’s emissions grew faster than GDP, at slightly m

Also in this section
Letter on carbon: Meet America’s first CCS major
Opinion
14 May 2025
Deal with Calpine shows oil and gas major ExxonMobil has no intention of curbing its CCS ambitions, despite US policy risks and broader scepticism over the energy transition
CCS costs surge as trade war rattles developers
13 May 2025
Volatile tariffs add new risks for a sector already struggling to achieve economies of scale
US renewables receive unfair advantage
30 April 2025
State administrations are using a flawed metric to justify green energy projects
Letter on hydrogen: Electric shock
29 April 2025
Spain’s unprecedented blackout highlighted the risk for green hydrogen producers with exposure to Europe’s creaking power grids

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search