[Questions] Mains Marathon I Daily Answer Writing I August 10th, 2022

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Good Morning Friends,

Following are today’s Mains Marathon Questions.

About Mains Marathon – This is an initiative of ForumIAS to help/aid aspirants in their writing skills, which is crucial to conquering mains examination.

Every morning, we post 2-3 questions based on current affairs. The questions framed are meaningful and relevant to the exam.

Write your answers in the comment box, given below. 

For Mains Marathon Archives click HERE

Questions

1) How far do you think, will the new Electricity (Amendment) Bill 2022 reform the electricity distribution system and empower the electricity consumers? 

Indian Express , Times of India 

2) Carbon markets are increasingly the instrument of choice when it comes to market-based solutions for reducing emissions. In the light of statement, discuss the significance of setting up local carbon market in India.  

Live Mint  

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Rinku sumera
Rinku sumera
3 years ago

comment imagecomment imagecomment imagecomment image

PinkFloyd
PinkFloyd
3 years ago
Reply to  Rinku sumera

You need not elaborate so much about the distribution system. You can come directly to the benefits to consumers after introduction, then highlight some concerns. Refer Vaibhav’s answer. He has written well.

Rinku sumera
Rinku sumera
3 years ago
Reply to  PinkFloyd

thank so much review my answer i will keep in mind

Rinku sumera
Rinku sumera
3 years ago

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Vaibhav
Vaibhav
3 years ago

Please Review
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PinkFloyd
PinkFloyd
3 years ago
Reply to  Vaibhav

Seems great! In the first point under benefits, just add that option to switch service provider will enhance competition and efficiency. All else seems really good.
Not completely aware of the benefits/issues myself, will let you know if any addition can be done.
Keep writing 🙂

Vaibhav
Vaibhav
3 years ago
Reply to  PinkFloyd

Thank You for the review!

GRIZZLY
GRIZZLY
3 years ago
Reply to  Vaibhav

“Open access”: which had been provided earlier in 2003 act has now after this amendment bill can be made operational. thus benefitting to consumers to have choices to select preferred operator to buy electricity from.
can be added to Consumer benefit section.

GRIZZLY
GRIZZLY
3 years ago
Reply to  Vaibhav

“Open access”: which had been provided earlier in 2003 act has now after this amendment bill can be made operational. thus benefitting to consumers to have choices to select preferred operator to buy electricity from.
can be added to Consumer benefit section.

Kiran007
Kiran007
3 years ago

comment imagecomment image

PinkFloyd
PinkFloyd
3 years ago
Reply to  Kiran007

Nice answer! Good use of the schematic to explain the carbon credit market. Both aspects of the market and its significance have been adequately covered.
Some suggestions:
1. In the diagram don’t mention developed/developing countries explicitly as there are many exceptions (e.g., Scandinavian Countries).
2. You can highlight some of the concerns associated with carbon markets e.g., it is difficult to establish baseline emissions (based on which surplus or deficit is measured). There is fraud in many cases, wherein companies buy credits from old projects. India’s PAT scheme has been ineffective, the emission reduction has been minuscule ( <2% over both cycles). So mention that the India's carbon market should have robust auditing processes and objectively defined benchmarks to make the scheme effective.

Kiran007
Kiran007
3 years ago
Reply to  PinkFloyd

Thank uu….I’ll add it to.my notes

Satyam Pandey
Satyam Pandey
3 years ago

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Satyam Pandey
Satyam Pandey
3 years ago

Please review it
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PinkFloyd
PinkFloyd
3 years ago
Reply to  Satyam Pandey

There seems to be a slight deviation here. Conceptually, the content is good.
You have given a rough idea how carbon market functions (conceived under Kyoto Protocol). You could have elaborated a bit more about how credits are measured (based on benchmarks).
Also in significance, highlight that PAT scheme is already operational for high energy intensity industries in India, but hasn’t performed well. So there is a need to take care in framing the policy (like defining benchmarks, audit mechanisms, penal provisions etc.).

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