India To Unveil Emissions Trading Scheme On February 1

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First published in Sanctuary Asia, Vol. 31 No. 1, January 2011

 

This is a shift from the command control system, where state pollution control boards determined the emission levels of individual units to a market-based system, where a price is set on emissions.

 

The regulator or state pollution control board sets an overall limit for emissions of different pollutants and industrial units self-regulate to ensure that these limits are not breached. Read the full report here.

 

Source: Economic Times, New Delhi.

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