Linking Carbon Markets in India and Europe – A case study

Abstract

India, being one of the leading generators of CERs through CDM, has a large scope in emissions trading. Its 2008 National Action Plan on Climate Change (NAPCC) specifies eight national missions for 2017 that centre on improving: energy efficiency, solar technology, sustainable habitats, water, Himalayan ecosystems, “green India”, agriculture, and strategic knowledge.

The paper studies the European Union Emission Trading Scheme and Kota Thermal Power Station cases, to show the possibility of a beneficial trade arrangement and to provide a strong case to favor the established Indian carbon market structure.


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Categories: January 2014