User:Ftkartoon/Carbon market in India
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Article Draft
[edit]Lead: Why a carbon market?
[edit]=== Article body: Due to India's fast growing population and economy it began to increase its fuel consumption. India's carbon market is roughly estimated to be worth over 1.2 billion dollars. It is the world's second largest source of carbon as of 2024. Due to the over pollutant in air India created what we know as the carbon market. The carbon market was made to combat climate change and keep global warming at 1.5C or lower.Carbon markets compensate for companies' greenhouse gas emissions and purchasing these carbon credits can remove or reduce their greenhouse gas emissions. Companies are not the only ones able to buy carbon credits but any individual can. Carbon credits are beneficial exports to the economy as it helps with the reduction of greenhouse gas emissions which can help improve the sustainability of natural habitats. General Info
whos reviewing this work?
Sammy Bader
This article was really good because it indicates what india's carbon is and how much its worth. But i feel like you could add a little bit more information on the india's carbon market negative and postive impacts. The thing that i've seen from this article from mine is that its really short and should be like more. Overall this is will organized and has its own reference section that you could refer to.
References:
[edit]- HUSSAIN, ZOYA ADA. “How Do Carbon Markets Work?: IDR.” India Development Review, 8 Feb. 2024, idronline.org/article/climate-emergency/how-do-carbon-markets-work/.
- Pandey, Kundan. “[Explainer] What Are Carbon Markets?” Mongabay, 27 Dec. 2023, india.mongabay.com/2023/12/explainer-what-are-carbon-markets/.