ES Ranganathan Vision: India's Carbon Credit Trade as a Catalyst for Climate Achievement
India's ambitious target to achieve net-zero emissions by 2070 has spurred the exploration of innovative avenues to curb carbon emissions. In the face of global climate change challenges, nations worldwide are striving to reduce their carbon footprint and adopt sustainable practices. A notable development emerges from the Power and New & Renewable Energy Ministry, where India is considering permitting the overseas trading of carbon credits linked to Green Hydrogen with other countries. Mr. ES Ranganathan remarks, "India, a dynamically diverse nation with a rapidly growing economy, has witnessed a rise in carbon emissions, particularly from the energy and industrial sectors." He underscores the advantages of this move, stating, "Enabling overseas carbon credit trading can expedite India's emissions reduction efforts. By procuring carbon credits from other nations, India can effectively offset its emissions, particularly in challenging sectors. Understanding ...
