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carbon credit revolution

Revolutionizing India’s Carbon Credit Trading: 2023 Reforms

Discover the transformative updates to India’s carbon credit trading scheme in 2023, executed under the purview of the Energy Conservation Act, 2001. In a groundbreaking move, the central government, in collaboration with the Bureau, has introduced substantial amendments, spotlighting an innovative “offset mechanism.” This game-changing development empowers non-obligated entities to actively engage in the carbon […]

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Plastic Credit vs. Carbon Credit

Plastic Credit vs. Carbon Credit: A Comparative Analysis of Environmental Impact

Plastic pollution and climate change are the biggest environmental challenges of our time. To reduce the impact of these issues, many initiatives have come up in today’s time. Plastic credit and carbon credit are two different things. Plastic Credit focuses on tackling the problem of plastic waste and pollution. This incentivizes efforts to reduce, recycle and manage plastic waste. These credits provide a way for organizations to take responsibility for their plastic consumption and contribute to a more sustainable future.

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