India’s refining and petrochemical sectors are entering a decisive phase as carbon pricing and emissions trading reshape industrial competitiveness. The Carbon Credit Trading Scheme (CCTS) introduces compliance-linked benchmarks that rewards efficiency, creating a performance driven carbon market.
Argus experts Aditi Parikh and Utkarsh Mishra analyse the strategic implications for industry, focusing on:
- India’s shift from voluntary schemes to a regulated carbon trading framework.
- Compliance benchmarks and market dynamics influencing emissions performance.
- Decarbonisation pathways including hydrogen, feedstock switching, and electrification.
- Strategic considerations for maintaining competitiveness in a carbon-constrained world.
This paper has been created by Argus’ Light Olefins experts using data and insight from Argus publications including:
Argus Ethylene Analytics | Argus Propylene Analytics | Argus Olefins Outlook | Argus Polyethylene Analytics| Argus Polypropylene Analytics| Argus Consulting
For more information, visit Light olefins: ethylene and propylene markets

