India is about to launch a carbon seize coverage that it says will enable it to maintain exploiting its huge coal assets and take care of its rising emissions, in keeping with to a prime authorities vitality adviser.

The coverage is predicted to be unveiled later this yr – ought to Prime Minister Narendra Modi’s authorities retain energy in upcoming elections — and can embody incentives for firms to lure, recycle and the place doable retailer their emissions underground, mentioned Rajnath Ram, vitality adviser at Niti Aayog, the policymaking department of the Indian authorities.