India’s carbon market will take time to emerge but its rewards could go beyond climate progress
Globally, fragmented markets mean prices vary widely across the world. In Africa, for instance, carbon credits sell for about €3 per tonne, while they cost 25-28 times more in Europe. In India, such credits earned via green electricity are priced at $2-5 per tonne. Carbon capture earns credits too; the use of a charcoal-like substance called biochar to do this can yield substantial earnings.
Post Comment