{"id":333341,"date":"2025-04-18T11:26:44","date_gmt":"2025-04-18T05:56:44","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=333341"},"modified":"2025-04-20T17:48:28","modified_gmt":"2025-04-20T12:18:28","slug":"surat-emission-trading-scheme-ets","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/surat-emission-trading-scheme-ets\/","title":{"rendered":"Surat Emission Trading Scheme (ETS)"},"content":{"rendered":"<p><strong>News- <\/strong>A recent study published in The Quarterly Journal of Economics validated that Surat\u2019s Emissions Trading Scheme (ETS) led to a 20\u201330% reduction in pollution and brought down compliance costs by 11%. <strong>Surat Emission Trading Scheme (ETS).<\/strong><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\" wp-image-333568 aligncenter\" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/04\/Surat-Emission-Trading-Scheme-ETS-300x199.png?resize=529%2C351&#038;ssl=1\" alt=\"Surat Emission Trading Scheme (ETS)\" width=\"529\" height=\"351\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/04\/Surat-Emission-Trading-Scheme-ETS.png?resize=300%2C199&amp;ssl=1 300w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/04\/Surat-Emission-Trading-Scheme-ETS.png?resize=1024%2C680&amp;ssl=1 1024w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/04\/Surat-Emission-Trading-Scheme-ETS.png?resize=768%2C510&amp;ssl=1 768w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/04\/Surat-Emission-Trading-Scheme-ETS.png?w=1280&amp;ssl=1 1280w\" sizes=\"auto, (max-width: 529px) 100vw, 529px\" \/><\/p>\n<h2>About Surat Emission Trading Scheme (ETS)<\/h2>\n<ul>\n<li><strong>Launched in 2019<\/strong> in Gujarat, the Surat Emission Trading Scheme (ETS) is the <em>world\u2019s first market-based system for trading particulate matter (PM) emissions<\/em>, and India\u2019s first pollution trading scheme of any kind.<\/li>\n<li>It was developed by the Gujarat Pollution Control Board (GPCB), in collaboration with the Energy Policy Institute at the University of Chicago.<\/li>\n<li><strong>Purpose<\/strong>: To <em>tackle air pollution<\/em> in Surat.<\/li>\n<li><strong>How It Works \u2013 Cap-and-Trade<\/strong>:\n<ul>\n<li>The system follows the cap-and-trade principle, where a total emissions limit is set across all participating industries.<\/li>\n<li>Each industrial unit receives a fixed limit (cap) on the amount of particulate matter it is allowed to emit.<\/li>\n<li>Units that emit less than their assigned cap can trade their unused emission allowances with others that exceed their limits.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Trading Platform<\/strong>: Industries trade permits on a platform by NeML (National Commodities and Derivatives Exchange e-Markets).<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News- A recent study published in The Quarterly Journal of Economics validated that Surat\u2019s Emissions Trading Scheme (ETS) led to a 20\u201330% reduction in pollution and brought down compliance costs by 11%. Surat Emission Trading Scheme (ETS). About Surat Emission Trading Scheme (ETS) Launched in 2019 in Gujarat, the Surat Emission Trading Scheme (ETS) is&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/surat-emission-trading-scheme-ets\/\">Continue reading <span class=\"screen-reader-text\">Surat Emission Trading Scheme (ETS)<\/span><\/a><\/p>\n","protected":false},"author":10367,"featured_media":333568,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,4182,12039],"tags":[11872],"class_list":["post-333341","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-factly-articles","category-environment","category-knolls","tag-9pm-daily-factly","entry"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/04\/Surat-Emission-Trading-Scheme-ETS.png?fit=1280%2C850&ssl=1","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/333341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10367"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=333341"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/333341\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media\/333568"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=333341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=333341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=333341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}