Carbon capture utilization and storage policy framework

Solution

NITI Aayog launched the carbon capture utilization and storage policy framework and its Deployment Mechanism in India . The report was prepared on the valuable inputs provided by the various stakeholders from the Energy and Power Sector ( E&P ). As India is the third largest emitter of CO2 in the world after China and the US, carbon capture utilization and storage is an essential imperative for India to reach its Decarbonisation Goals . About NITI Aayog The NITI Aayog serves as the apex public policy think tank of the Government of India, and the nodal agency tasked with catalyzing economic development, and fostering cooperative federalism through the involvement of State Governments of India in the economic policy - making process using a bottom - up approach . Formed : 1 January 2015                                                                       Chairperson : Narendra Modi