Ahmedabad: The Gujarat government will launch an `Emission Trading Scheme’ (ETS) on Wednesday, under which a firm which reduces emissions below the stipulated limit can sell its `emission permits’. The scheme, to be launched on World Environment Day, is the first of its kind in the world, and will incentivise the reduction of emission of pollutants, the government said in a press release on Tuesday. Chief Minister Vijay Rupani will launch it at a function.
Also Read: The Diamond City Of India – Surat Gets The Tag Of Generating Maximum Amount Of Renewable Power In The Country
The release said
The main aim of the scheme is to incentivise the industrial units which cap their emissions. It will also reduce the cost of reducing pollution. Industrial units will be attached to a Continuous Emissions Monitoring System for effective compliance.
The Gujarat Pollution Control Board (GPCB) said in another release that emissions trading or cap-and-trade are a market-based the approach used in “controlling pollution by providing economic incentives for achieving reductions in the emissions of pollutants”.
Also Read: A Small Act Of Recycling Can Make A Big Difference In Our Landfills, Says This 39-Year-Old Waste Warrior From Gujarat
Under the scheme, the GPCB would set a limit or cap on the amount of a pollutant that may be emitted. The press release added,
The limit or cap is allocated or sold to firms in the form of emissions permits. Firms are required to hold a number of permits equivalent to their emissions. The total number of permits cannot exceed the cap. The firms which need to increase their volume of emissions must buy permits from those who require fewer permits. The transfer of permits is referred to as a trade.
The buyer in this system, thus, will be paying a charge for polluting, while the seller will be rewarded for having reduced emissions, it said.
Also Read: Rajasthan, Gujarat Can Reduce Dust Pollution Through Afforestation Of Marginal Lands: TERI
NDTV – Dettol Banega Swachh India campaign lends support to the Government of India’s Swachh Bharat Mission (SBM). Helmed by Campaign Ambassador Amitabh Bachchan, the campaign aims to spread awareness about hygiene and sanitation, the importance of building toilets and making India open defecation free (ODF) by October 2019, a target set by Prime Minister Narendra Modi, when he launched Swachh Bharat Abhiyan in 2014. Over the years, the campaign has widened its scope to cover issues like air pollution, waste management, plastic ban, manual scavenging and menstrual hygiene. The campaign has also focused extensively on marine pollution, clean Ganga Project and rejuvenation of Yamuna, two of India’s major river bodies.