Budget 2026: India invests ₹20,000cr in carbon capture tech
India just announced a ₹20,000 crore boost for its Carbon Capture Utilization and Storage (CCUS) program in the 2026 budget.
The goal? Help the country hit net-zero emissions by 2070.
Over the next five years, this funding will ramp up carbon-cutting tech in industries like power, cement, steel, and chemicals.
CCUS is all about grabbing CO2 from factories
CCUS is all about grabbing CO2 from factories and either storing it or using it in utilisation-based products—pretty cool science with real-world impact.
This new investment is part of a larger ₹38,900 crore plan funded by both government and banks. It especially targets tough-to-clean-up sectors (like steel and cement), where electrification isn't an option.
With new rules coming—like mandatory emission caps and changes to carbon credit rules—India has a long-term commitment to achieving net-zero emissions by 2070 while still growing its industry.
If you care about climate action that actually fits India's needs, this move is a big deal.