E&E News: "Indian State of Gujarat Moves to Launch Carbon Market"
Senior Fellow Maureen Cropper employs her expertise on Indian air pollution and carbon pricing in a story about efforts in the country to launch a carbon market.
It could still be a long haul before a carbon market rolls out at [India's] federal level, said Maureen Cropper, a senior fellow at Resources for the Future who studies air pollution controls in India. But the move by Gujarat is a “hugely important” first step, she added.
It's a step not unlike the one California took to create its own market. And it could be even more meaningful in a country that's both vulnerable to the impacts of climate change and one where energy demand and emissions are growing.
