In Short : A Carbon Credit Trading Scheme (CCTS) provides a market-based framework that allows organizations to buy and sell carbon credits to meet emission-reduction goals. By placing a monetary value on carbon emissions, it incentivizes businesses to adopt cleaner technologies, reduce their carbon footprint, and support environmental sustainability while ensuring overall emissions remain within […]
India seeks exemptions for MSMEs from EU’s carbon tax: Sources – EQ Mag
New Delhi: India is pressing the European Union for a mutual recognition agreement for its carbon certificates and exempt MSMEs in certain sectors to insulate the domestic industry from the burden of the EU’s carbon tax, which would kick in from October this year, a government official said. The EU is introducing the Carbon Border […]
