Media Mention•Jun 05, 2019
In a Bid to Control Pollution, Gujarat to Launch Emission Trading Scheme on World Environment Day
NDTV analyses the emissions trading scheme and the efforts of the Gujarat Pollution Control board in taking a market-based approach used in controlling pollution by providing economic incentives for achieving reductions in the emissions of pollutants
Ahmedabad: The Gujarat government will launch an `Emission Trading Scheme’ (ETS) on Wednesday, under which a firm which reduces emissions below the stipulated limit can sell its `emission permits’. The scheme, to be launched on World Environment Day, is the first of its kind in the world, and will incentivise the reduction of emission of pollutants, the government said in a press release on Tuesday. Chief Minister Vijay Rupani will launch it at a function.