The Parliament has passed the Energy Conservation (Amendment) Bill, 2022 and the same has come into effect from 1st January, 2023. This includes provisions to “Specify the carbon credit trading scheme”. Design of carbon trading scheme is to be prescribed through Rules after consideration of all relevant aspects, including transition of existing schemes of tradable […]
India to bolster carbon trading market with stabilisation fund – EQ Mag
NEW DELHI : India is planning a stabilization fund to keep prices of credits in its planned carbon market above a certain threshold, ensuring that they remain attractive for investors and that the market succeeds in cutting emissions, two government sources said. Money in the fund would be used by a market regulator to buy […]