Industry told to bunch up carbon credit projects

NEW DELHI: The government has asked the industry, including PSUs, to bunch up their projects for reduction of carbon dioxide emissions, which can be traded in the $10-billion global carbon credit market.

Secretary in the ministry of forests and environment Meena Gupta convened a meeting last week of the industry bodies, including CII, Ficci and Assocham, along with representatives of PSUs, and reviewed the progress in the clean development mechanism projects.