India’s Carbon Market Gamble
As India prepares to launch carbon credit trading, weak price signals and institutional flaws threaten to turn a landmark climate reform into a paper exercise. Earlier this year, Union Power Minister Manohar Lal Khattar launched the Indian Carbon Market Portal at the Prakriti 2026 International Conference on Carbon Markets in New Delhi and told the gathering that India was “building a transparent and credible carbon market framework that will serve as a long-term national asset,” with formal...
