Environment & Ecology · National Mission for Enhanced Energy Efficiency
How does the National Mission for Enhanced Energy Efficiency (NMEEE) primarily aim to foster and promote the market for energy efficiency in India?
- 1By setting up state-owned manufacturing monopolies for all consumer electrical goods
- 2By mandating the absolute closure of all public sector thermal power units
- 3By imposing strict price caps and subsidies on heavy commercial fossil fuels
- 4By fostering innovative policies, fiscal instruments, and effective market-based mechanisms like Perform, Achieve and Trade (PAT)✓
Correct answer
By fostering innovative policies, fiscal instruments, and effective market-based mechanisms like Perform, Achieve and Trade (PAT)
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