Summer Playlist 2025 Episode 2 | Michael Greenstone, Director, Energy Policy Institute at the University of Chicago (EPIC)
SmarterMarkets™
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Establishing Cap and Trade in Gujarat
This chapter explores the complexities of setting up cap and trade particulate emissions markets in Gujarat, India, highlighting the engagement with local stakeholders to address pollution challenges. It emphasizes the dual focus on regulatory compliance and tangible pollution reductions, documenting both initial resistance and eventual acceptance of the system. The discussion culminates in a case study showcasing innovative regulatory solutions and the pivotal role of collaboration between regulators and industries.
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