The worlds first national market-based energy efficiency trading mechanism from India

30/05/2011 / Kaj

The Indian government has pledged to cut carbon intensity — the amount of carbon dioxide emitted per unit of economic output — by 20 percent to 25 percent by 2020, from 2005 levels.

India’s approach differs from that of its rival, China, which is also looking at promoting energy efficiency but is focusing more on carbon emissions trading.

The Chinese government is also considering a cap-and-trade program for energy savings in its buildings sector, which accounts for 30 percent to 40 percent of the country’s overall emissions.

Read the article in the New York Times

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