Current Affairs · Environment Policies and Initiatives
With reference to the Carbon Credit Trading Scheme (CCTS) in India, consider the following statements: I. The Offset Mechanism was introduced after the initial notification of the Compliance Mechanism. II. Under the Offset Mechanism, only non-obligated entities may register eligible project activities. III. Carbon Credit Certificates under the Offset Mechanism may arise from emission reduction, avoidance or removals. IV. The Bureau of Energy Efficiency is the trading regulator under the scheme. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1I, II, III and IV
- 2II and III only
- 3I and IV only
- 4I, II and III only✓
Correct answer
I, II and III only
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