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Can Factories Earn Carbon Credits in India?

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Under India's Carbon Credit Trading Scheme, factories can earn credits by exceeding verified emission reduction targets. Enabled by the Energy Conservation Amendment Act, 2022, each certificate represents one ton of verified carbon dioxide equivalent reduced or removed. Entities that fall short of their targets must acquire credits according to regulatory rules. In this video you will learn: • Statutory basis of the carbon market under the Energy Conservation Amendment Act, 2022 • Value and definition of a carbon credit certificate under the 2023 Scheme • Mandatory role of measurement and verification in earning or purchasing carbon credits Useful for: LL.B. (3-year and 5-year integrated), UGC NET Law, CLAT PG and University semester exams. Free notes, quizzes & more: https://www.thelaweasy.com #Shorts #EnvironmentalLaw #CarbonCredits #EnergyLaw #LawEasy

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