US Set to Establish Carbon Market Guidelines

29 May 2024 CW Team

The proposed guidelines represent a significant step towards establishing a robust framework for carbon markets, addressing key issues such as transparency, accountability, and market integrity. By outlining clear rules and standards, the initiative seeks to enhance confidence among stakeholders, fostering greater participation and investment in carbon reduction initiatives.

These guidelines are expected to provide clarity on various aspects of carbon trading, including the eligibility criteria for carbon offsets, methodologies for measuring emissions reductions, and mechanisms for monitoring and verification. By setting clear parameters, the regulations aim to minimise the risk of fraud and ensure the credibility of carbon credits traded in the market.

Furthermore, the establishment of these guardrails is anticipated to stimulate innovation and incentivise the adoption of cleaner technologies. Businesses and industries will have a clearer roadmap for integrating carbon reduction strategies into their operations, driving a transition towards a low-carbon economy.

The US initiative also aligns with broader global efforts to accelerate decarbonisation and achieve net-zero emissions targets. By setting a precedent for responsible carbon market governance, the US aims to encourage other nations to implement similar measures, fostering collaboration and collective action in the fight against climate change.

In conclusion, the unveiling of these guardrails represents a significant milestone in the evolution of carbon markets, offering a strategic framework to navigate the complexities of emissions trading. With clear guidelines in place, the stage is set for accelerated progress towards a more sustainable and resilient future.

Infrastructure Energy

14 Oct 2025

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..