Environment & Ecology · Environment
The Carbon Credit Trading Scheme (CCTS), recently seen in the news, is:
- 1A revamped energy-saving certificate scheme under the Renewable Energy Act.
- 2An international trading platform for selling India's surplus carbon credits to developed nations.
- 3A market-based compliance mechanism to reduce GHG emissions intensity in key industrial sectors.✓
- 4A voluntary CSR initiative encouraging plantation drives in degraded forest areas.
Correct answer
A market-based compliance mechanism to reduce GHG emissions intensity in key industrial sectors.
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