Ahmedabad Clean Air Market
The Government of Gujarat announced in June 2021 that they will expand their pilot to reduce particulate pollution from 240 industrial units in Ahmedabad.
Milton Friedman Distinguished Service Professor in Economics
ETS promises to reduce industries’ compliance costs by unleashing markets to identify the least cost way for heavy polluters to comply and rewarding the most efficient plants. The flexibility of being able to trade reduces the costs imposed on industry, because plants for whom it is cheap to emit less will take on more of the burden.
Assistant Professor of Economics, Yale University