# Analysis Finds India’s Carbon Market Targets Too Weak for Industry 2026-08-07T06:11:00+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet India’s carbon market targets for nine industries are too modest to drive major emissions cuts, according to an analysis by Climate Risk Horizons reported by Mongabay India. The targets, notified between October 2025 and January 2026, let companies earn credits by exceeding reductions in emissions intensity. The analysis says 255 steel and iron companies need to cut emissions intensity by 6% by 2026-27, while cement firms face average cuts of 1.89% in 2025-26 and 3.22% the following year. Aluminium targets are higher, at 2.3% and 5.8%. Low credit prices and weak penalties could make buying credits cheaper than adopting cleaner technology. Researchers want tougher targets, stronger pricing safeguards, wider coverage and an independent regulator. ## Coverage - india.mongabay.com Tags: carbon market, cement, climate policy, industrial emissions, steel Canonical: https://indianopinion.org/analysis-finds-indias-carbon-market-targets-too-weak-for-industry/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/analysis-finds-indias-carbon-market-targets-too-weak-for-industry/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.