Ludhiana Clean Air Market
The Government of Punjab announced in June 2021 that they will pilot a market to regulate particulate pollution from 200 dyeing industries in Ludhiana.

What they're saying

Alok Shekhar

IAS Principal Secretary Industries & Commerce

The Government of Punjab is keen to combat environmental pollution through regulation that promises a win-win situation of cleaner production, coupled with lower compliance costs for industries. ETS is one such initiative that can help regulate critically and severely polluted industrial belts in Punjab.

Michael Greenstone

Milton Friedman Distinguished Service Professor in Economics; Director, Energy Policy Institute at the University of Chicago

Pollution reductions can be delivered – the world’s first ETS for particulate pollution in Gujarat has already shown this. Punjab is now becoming the second Indian state to adopt this pioneering vision. For various other Indian cities battling polluted air and expensive regulations, ETS has the potential to improve air quality and health, reduce the regulatory burden on industries, and decrease government enforcement expenditures.

Latest News

ETS News

Punjab Takes Further Steps to Understand and Adopt an Emissions Trading Scheme to Tackle Industrial Air Pollution

Punjab Pollution Control Board officials visit Surat to get apprised of the use of market-based instruments for pollution regulation

You may also be interested in...

Clean Air Markets in India

Learn about other pioneering efforts to confront the twin problems of cleaning the air while facilitating robust economic growth.

Pollution Facts

Learn more about particulate air pollution, its impacts on human health, and how governments have successfully confronted it.

Resources

Browse evaluations of trading markets, as well as Indian guidelines and more associated with setting up a market.