Gujarat Current Affairs - 2019
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The Gujarat government has launched country’s first ‘Emissions Trading Scheme (ETS)’ which is being described as world’s first market for trading in Particulate Matter (PM) emissions. ETS was launched in Surat ETS) to encourage and incentivize the industrial units to cut air pollution.
Even though trading mechanisms for pollution control do exist in many parts of world but none of them is for PM emissions.
What is Emissions Trading Scheme (ETS)?
It is a regulatory tool that is aimed at reducing the pollution load in an area and at the same time minimising the cost of compliance for the industry. ETS is a market in which traded commodity is particulate matter emissions.
The Gujarat Pollution Control Board (GPCB) sets a cap on total emission load from all industries. Thereby, various industries can buy and sell the ability to emit particulate matter, by trading permits (in kilograms) under this cap and for this reason ETS is also called as a cap-and-trade market.
Functioning of ETS: Under the cap-and-trade market, the GPCB will first define the total mass of pollution that can be released into air over a certain fixed period by all industrial units or factories collectively. This will be equivalent to the cap (or limit) and the permits would then become units which could be bought and sold between traders under the ETS.
Why launched in Surat? Since Surat is a densely-populated industrial centre and textiles and dyeing houses there produce heavy air pollution. Also, industries in Surat had already installed Continuous Emission Monitoring Systems that makes it possible to estimate the mass of PM being released.
Tags: cap-and-trade • Emissions Trading Scheme • Gujarat • Gujarat Pollution Control Board • Particulate matter
Prime Minister Narendra Modi inaugurated ‘Garvi Gujarat’, the second state bhawan of the Gujarat government in the national capital New Delhi.
During the inauguration PM Modi was accompanied by Gujarat Chief Minister Vijay Rupani, Deputy Chief Minister Nitin Patel and former chief minister Anandiben Patel, who currently serves as governor of Uttar Pradesh.
About Garvi Gujarat
The new building is situated at Akbar Road in national capital and is built in more than 7,000 sq metres of area.
It has been described as a mix of traditional and modern architecture with a rich reflection of western state’s culture. It will also represent the culture, craft and cuisine of Gujarat.
This is the ‘first eco-friendly’ state Bhawan in national capital.
It has been built at a cost of around Rs.131 crore by Gujarat Government. It was completed 3 months ahead of the deadline.
Bhavan is equipped with traditional and modern artefacts and technologies and will serve as a home for Gujaratis in New Delhi.