Gujarat to global: How idea to fix pollution has lessons for Delhi
An Indian emissions trading scheme is now inspiring global environmental solutions. This innovative approach incentivizes industries to reduce pollution effectively. Gujarat's successful pilot program demonstrated significant emission reductions and cost savings. The scheme is now expanding across India and attracting international interest. This model offers a competitive advantage for…
In 2006, a group of economists, engineers, and regulators from Gujarat initiated a groundbreaking experiment to address industrial pollution. Could factories voluntarily cut emissions without facing shutdowns? Over 15 years later, the answer lies in an emissions trading scheme (ETS), now poised to become an international environmental export.
After reshaping industrial pollution regulations in Gujarat, inspiring programs in Maharashtra and Rajasthan, the concept is set to reach Rio de Janeiro, aiming to become South America’s first emissions trading system for industrial particulate pollution. This innovative approach, emphasizing incentives for cleaner factories over costly penalties, could provide Delhi-NCR with a useful model to tackle its winter air pollution crisis.
Written by urgent.news from Times of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
