Energy efficiency 2.0

Source : Business Line

Date Of Publication : 2017-04-11

Energy efficiency 2.0

Globally, governments are trying to ginger up today’s moribund carbon markets, by fixing floor prices for carbon and mandating purchase. On its part, the World Bank will soon start the ‘Transformative Carbon Asset Facility’, which will essentially pay for emission cuts. The 10 GW of saving achieved by India in 2016-17 is but just a pinch. A whole new industry is opening up.