Can pollution markets work? Study evaluates Gujarat’s cap-and-trade experiment

EPIC’s paper on Surat’s cap-and-trade programme for particulate matter emissions, yielding significant environmental and economic benefits, cited by Down To Earth.

World’s First Particulate Pollution Market Reduced Pollution and Increased Industry Profits

Experiment finds that the cap-and-trade market in Gujarat, India reduced pollution by 20 to 30 percent while reducing industrial plants’ pollution abatement costs by more than 10 percent and increasing...

Gujarat’s Pollution Market Cuts Emissions by 30%: Can Cap-and-Trade Clean Air in Developing Nations?

EPIC’s cap-and-trade experiment for particualte matter slashes emissions, boosts compliance, and offers a blueprint for low-income nations battling toxic air. Research findings cited in the Outlook.

Pollution markets can power economic growth and improve environmental quality: Michael Greenstone

Michael Greenstone talks to Indian Express on balancing climate policy and addressing CO₂ pricing’s impact on vulnerable communities.

Growing evidence-informed climate policy: Five scaling stories from the King Climate Action Initiative

The Government of Gujarat is working with a K-CAI-funded research team, J-PAL South Asia, and EPIC India to scale an emissions trading scheme (ETS) for particulate matter to address severe...
via JPAL

UNDP’s National Carbon Registry revolutionising climate action in India

Indian Legislator Pradyut Bordoloi cites Surat's Emission Trading Scheme (ETS) and how it claims a 24% reduction in pollution and an anticipated 36% savings for the plants since its initiation.

India hosts the world’s first-ever air pollution market. Here are the lessons learned so far

In a bid to reverse this problem, India launched the world’s first-ever market for particulate emissions.

Air pollution threatens life expectancy — strategies like Gujarat’s pollution market can lower this hazard

Michael Greenstone is the Milton Friedman Distinguished Service Professor in Economics at the University of Chicago. Speaking to Srijana Mitra Das, he outlines why air pollution is a manifold threat...

Opinion Looking for hope on the climate? Look here

A market-based approach that requires those who pollute to pay for it remains the most efficient way to reduce the emissions that drive global warming, because it forces individuals and...