Professional Documents
Culture Documents
STRATELYSTS
Team leader-Kalpit Jain
kalpitjain.kj123@gmail.com
Team member-Ekagrata Arora
ekagrataarora@gmail.com
Team member-Devansh Gautam
devanshgautam15@gmail.com
AUCTIONING
SYSTEM OF
TRADING
AMONG THE
01
LEADING NATIONS
TO HEAVILY TRADE PAT SYSTEM WAS
02
IN CARBON
CREDITS
RENEWABLES
CURRENT FOLLOWED AND
CAP AND CREDIT
04
SYSTEM STILL IN
REPRESENT
MERELY 14% OF
STATUS OF AMATEUR PHASE.
GOVERNMENT
THE TOTAL
ENERGY USE. 03 CARBON AVOIDS ANY KIND
OF INCREASE IN
TRADING FISCAL DEFICIT,
06 SHIFT TOWARDS
RENEWABLES.
PROPOSED
IMPLEMENTATIO
N MODEL
SETTING TARGETS TO CUT DOWN
CARBON EMISSIONS EVERY FISCAL YEAR
● The committee proposes the Central Pollution Control Board to set up a target to cut
down carbon emissions level, every fiscal year in collaboration with Department of
Revenue under Ministry of Finance.
● This method of setting up targets will help us to decide the amount of Carbon Credits
to be sold by the Government during that Fiscal year.
● The targets will be set keeping in mind the estimated revenue that the government will
be able to generate because of the Proposed model and the revenue that it will lose in
that particular fiscal year due to the decrease in the fossil fuel consumption.
● This system of setting up targets each fiscal year will ensure a smooth transition
towards renewable sources of energy.
CAP ON CARBON CREDITS TO BE
AUCTIONED TO LARGE CARBON EMITTING
INDUSTRIES
● We propose that a CAP should be placed on the maximum amount of Carbon
credits that can be bought by the Large Carbon Emitting Companies in the
government auctions.
● This CAP would be put on the basis of the productive capacity of these
companies and their previous records of emissions.
● Since these companies won’t be able to cut down their emissions in the short run
drastically, they would be forced to buy carbon credits from other industries with
surplus credits at their end.
● This will promote the Trade of these Carbon credits in the country, ensuring
Revenue generation for the government as explained further.
REVENUE MANAGEMENT THROUGH
ALTERNATIVE SOURCES OF REVENUE
● The proposed model by the virtue of suggestions like Taxes on Carbon Trade
and the Carbon Tax will encourage the Large carbon emitting companies to
shift to more environmental friendly renewable sources of energy, to cut down
their costs, ensuring a smooth transition. This transition can be further
facilitated by the existing subsidies provided by the government on renewable
sources of energy.
● The committee also believes that in the long run as the world as a whole shifts
to renewable sources of energy due to exhaustion of fossil fuels, such
facilitation by the government encouraging the industries to shift towards
renewable sources will create a more sustainable source of revenue for the
government through the taxation of these renewable sources.
THANK YOU