Volume No. 9 Issue No.: 3 Page No.: 696-704 January-March 2015

 

ISSUES AND CHALLENGES FOR EMISSION TRADING SCHEME FOR PARTICULATE MATTER IN INDIA

 

Kavitha B.V.1, Bhimani Chirag*2 and Sudhakar A.1

1. Central Pollution Control Board, Parivesh Bhavan, East Arjun Nagar, New Delhi (INDIA) 2. Gujarat Pollution Control Board, Paryavaran Bhavan, Sector 10 A, Gandhinagar, Gujarat (INDIA)

 

Received on : September 05, 2014

 

ABSTRACT

 

After the success of Emissions Trading Schemes (ETS) in United States of America and European Union, it is established that ETS has a great potential to reduce pollution along with decreasing compliance cost as against the command-and-control regulation. It is high time for India to step in and introduce such flexible market mechanisms for abatement of air pollution. This paper discusses some of the challenges and issues that India will have to face for implementing ETS. Such change in environmental regulations will elevate position of India and place her as a leader in emerging economies

 

Keywords : Particulate matter, Emissions Trading Scheme, Continuous Emissions Monitoring System, Climate change, Environmental policies

 

 

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