•Oct 10, 2024
Can markets reduce pollution in India?
The Economist features the world’s first particulate pollution market, which is being implemented by the Gujarat Pollution Control Board with support from researchers at EPIC and other partner organizations.
Via Economist
India’s battle with pollution has gone literal. To clean up Delhi’s filthy air, officials now routinely deploy “anti-smog” guns across the capital. The band-aid solution reflects desperation: air pollution, India’s public-health enemy number one, kills around 2m people a year. Recent research, however, suggests that it may be vulnerable to a more abstract weapon: market forces.