Carbon Credits
India's Union Budget 2026 includes a ₹20,000 crore outlay for a carbon credit programme, leading to debate over its focus on heavy industries or farmers. Official documents link it to Carbon Capture, Utilisation, and Storage (CCUS) for hard-to-abate sectors, while some narratives highlight potential income for farmers through sustainable practices.
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A recent EU regulatory filing indicates that Stellantis, Toyota, and Subaru will not join Tesla's carbon credit pool for 2026, reducing its size compared to the previous year. The pool, which helps automakers meet strict CO2 targets, now includes Tesla, Ford, Honda, Mazda, and Suzuki. This shift reflects broader changes in the European auto industry's transition to electric vehicles.