Industries that over-achieve targets will be awarded energy saving certificates that can be traded like carbon. With the aim to make the industrial sector energy efficient, India’s Bureau of Energy Efficiency (BEE) launched its 'Perform, Achieve and Trade' (PAT) scheme on July 4. The scheme has set energy efficiency targets for industries. Those that fail to achieve targets will have to pay penalty. PAT has been launched under the National Mission for Enhanced Energy Efficiency, one of the eight missions under the umbrella National Action Plan on Climate Change, launched in June 2008.

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