Going green not only helps save the environment, but it can also help you make big money if you are enterprising enough. Innovative people are trying to make the best of both worlds, writes Abhijit Parashar
The National Action Plan on Climate Change (NAPCC) has opened up new vistas for Renewable Energy Certificate (REC) trading in India. Internationally, RECs are essentially used as a facilitating mechanism for meeting the Renewable Purchase Obligation (RPO) in the compliance market under a supportive policy and regulatory regime.