Towards an Emissions Trading Scheme for Air Pollutants in India

Citation:

Pande, Rohini, Esther Duflo, Michael Greenstone, and Nicholas Ryan. 2010. “Towards an Emissions Trading Scheme for Air Pollutants in India.” Ministry of Environment and Forest, Government of India, 24.
towardsanemissions.pdf961 KB

Abstract:

Emissions trading schemes have great potential to lower pollution while minimizing compliance costs for firms in many areas now subject to traditional command-and-control regulation. This paper connects experience with emissions trading, from programs like the U.S. Acid Rain program, to lessons for implementation of a Trading Pilot Scheme in India. This experience suggests that four areas are especially important for successful implementation of an emissions trading scheme: setting the cap, allocating permits, monitoring and compliance. The introduction of emissions trading would position India as a clear leader in environmental regulation amongst emerging economies.

Last updated on 05/24/2014