Media Mention•Sep 15, 2019
A Market for Emissions, With Incentives to Cut Pollution
The Hindu's Tanvi Deshpande interviews Vaibhav Chowdhary, Director - Policy & Development on what makes the Surat Emissions Trading Scheme unique & an important factor in changing India's air quality scenario
Via The Hindu
In June this year, Gujarat unveiled what is being called the country’s first emissions trading scheme to encourage and incentivise industrial units to cut air pollution. Under the scheme, the government will put a cap on emissions and allow industries to buy and sell credits to maintain emissions below the cap. One of the government’s partners is the Energy Policy Institute at the University of Chicago (EPIC). The Hindu spoke to its associate director (strategy and operations), Vaibhav Chowdhary, on the sidelines of a seminar on air pollution held in Mumbai recently. Excerpts: