Emissions trading schemes have great potential to lower pollution while minimizing compliance costs for firms in many areas now subject to traditional command-and-control regulation. This paper connects experience with emissions trading, from programs like the
U.S. Acid Rain program, to lessons for implementation of a Trading Pilot Scheme in India. This experience suggests that four areas are especially important for successful implementation of an emissions trading scheme: setting the cap, allocating permits, monitoring and compliance. The introduction of emissions trading would position India as a clear leader in environmental regulation amongst emerging economies.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/towards-emissions-trading-scheme-air-pollutants-india
[2] http://admin.indiaenvironmentportal.org.in/category/author/et-al
[3] http://admin.indiaenvironmentportal.org.in/category/author/esther-duflo
[4] http://admin.indiaenvironmentportal.org.in/category/author/michael-greenstone
[5] http://admin.indiaenvironmentportal.org.in/category/author/rohini-pande
[6] http://admin.indiaenvironmentportal.org.in/category/publisher/center-energy-and-environmental-policy-research
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/emissions-trading
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/air-pollution
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/acid-rain
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/united-states-america-us
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/rspm-pm-10
[13] http://admin.indiaenvironmentportal.org.in/category/thesaurus/carbon-dioxide
[14] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-change
