Media Mention•Jun 06, 2019
Gujarat Becomes First Indian State to Launch Emissions Trading
Daily News & Analysis covers the launch of the emissions trading scheme and explains why this scheme will set new markers in India's fight against air pollution
In order to encourage and incentivise the industrial units to cut air pollution, Gujarat Chief Minister Vijay Rupani launched India’s first emissions trading scheme (ETS) in Ahmedabad on the World Environment Day.
The theme of this year’s World Environment Day was air pollution.
The Gujarat Pollution Control Board has started the scheme first in Surat as a pilot. A team of researchers from the Energy Policy Institute at the University of Chicago (EPIC), the Economic Growth Center at Yale University and others from The Abdul Latif Jameel Poverty Action Lab (J-PAL), have devised the ETS.