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Emissions Trading Scheme (ETS)

Emissions Trading Scheme (ETS): The Surat Emissions Trading Scheme (ETS) is the world’s first market-based mechanism specifically designed to control particulate air pollution. An Emissions Trading Scheme (ETS) is a regulatory tool that aims to reduce air pollution by introducing economic incentives. Under ETS, a cap is imposed on the total permissible emissions. Industries receive […]

India’s Trade Triumph and Its Environmental Toll

India’s Trade Triumph and Its Environmental Toll: India’s trade contribution is projected to reach 6% of global trade growth by 2025 (DHL Trade Atlas report), but rising exports of pollution-intensive products have triggered serious concerns over environmental sustainability. India’s merchandise exports reached USD 231.48 billion from pollution-intensive sectors alone by 2023, growing faster than overall […]