Bloomberg: Tata Group, Indias biggest conglomerate, is following oil and mining companies including Statoil ASA in preparing to pay for their emissions.
Mumbai-based Tata is installing a so-called shadow carbon price in the group, which spans motor car manufacturing, information technology consulting, tea production and steel, Paul Brooks, group director environment, said by e-mail on Thursday. Tata may be ready to buy emission credits in the future, he said.
Fossil-fuel producers are among companies...