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Emissions Trading Scheme
September 12 , 2023
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- Ahmedabad has become the second city in the country to implement an emission trading scheme (ETS) for particulate pollution.
- It will help in regulating industrial emissions and reduce the state’s pollution levels.
- The Live trading involving 118 industries within the scheme commenced on September 1.
- An ETS, or “cap-and-trade” system, caps the amount of pollution allowed from regulated industries and allots permits to plants.
- Under ETS, industries with low abatement costs can make larger reductions in emissions and thus profit by selling excess permits.
- Industries with high abatement costs can save money by buying permits instead of installing expensive equipment.
- The scheme was first introduced in 350 highly polluting solid fuel burning industries in Surat in August 2019.
- The “cap-and-trade” system, similar to ETS, was introduced by the United States in the 1980s.
- It aims to reduce emissions of pollutants like sulphur dioxide and nitrogen oxides (NOx).
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