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TRC Explains: What are carbon markets and why should you bother about India setting up one

India is going to set up a carbon market. This is one of India’s answers to climate change and global warming. But what exactly is a carbon market? How does India plan for industries to buy and sell a gas it does not even produce? What does the country and the companies gain from carbon trade? And how does it help us fight climate change? If at all.

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Tapasya and Pawanjot Kaur

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