 "Carbon emission, pollution, nuclear plant")
A carbon market that covers India's industrial sector and sets targets aligned with the average ambition level of the existing voluntary commitments by the Indian corporate sector has the potential to reduce the emissions intensity of GDP by an additional 5.6 per cent in 2030 compared to a current policy scenario, said a carbon market simulation study.
The reduction is equivalent to a cumulative reduction of 1.3 billion metric tons of carbon dioxide equivalent (MMTCO2e) between 2022 and 2030, according to the study titled ‘Leveraging carbon markets for cost-efficient emissions reductions in India’ by the World Resources Institute (WRI). At
