INDIA will be unveiling its own cap and trade mechanism to deal with air pollution on February 1. The proposed market-based mechanism seeks to introduce a system of self-regulation among industrial units by putting a price on emission of pollutants. A price for emissions, makes it costly to pollute, therefore incentivising polluters to reduce emissions.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/india-unveil-emissions-trading-scheme-february-1
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/economic-times-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/tamil-nadu
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/emissions-trading
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-change
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/cap-and-trade
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/gujarat
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/state-pollution-control-board-spcb
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
