<p>The world today is solely focussed on the single most important objective of reducing the emissions of greenhouse gases; most importantly being Carbon di oxide. Ever since India made itself a part of Paris Climate accord, the focus is largely on going forward with sustainable growth pattern that is a paradigm shift from the present unsustainable growth trajectory. To address this, it becomes important to identify the most important factors that are largely contributing to the increased emissions of carbon di oxide. To achieve this Carbon-di-oxide is regressed upon a number of factors like fossil fuel energy consumption, economic growth, industrialisation, trade openness, financial development, population growth, hydroelectricity, coal usage, urbanisation and interaction terms of urbanisation with renewable and non-renewable energy sources. The findings from Fully Modified Ordinary Least Squares technique found that while economic growth, industrialisation, financial development positively contribute to increased carbon pollutants, trade openness and urbanisation reduced the emissions of carbon in the air. With respect to energy production and consumption it was seen that renewable sources of energy in the form of hydroelectricity reduced carbon pollutants while dependence on non-renewable sources of energy production as well as consumption especially coal, increased the carbon emissions.</p>