Particulate Emissions Trading Scheme
This overview was generated with AI from the public sources listed below and checked against them before publication. It has not had a complete human fact-check — treat it as a starting point and follow the sources.
How this atlas is made · What “last verified” means · What “source-checked” means · The full record behind this page
✎ Updated 21 Aug 2026 Publication date recorded for 5 sources. · 2 revisions in all What changed →
In June 2019 the Gujarat Pollution Control Board opened the world's first emissions trading scheme for particulate matter, in Surat's industrial belt. Each participating plant runs a continuous emissions monitoring system on its stack, the regulator caps the total mass of particulate matter the market may emit, and plants buy and sell permits to stay inside that cap. The pilot was deliberately designed as a randomised controlled trial: of 317 large coal-burning plants required to install monitoring, 162 were assigned to the market and 155 remained under the conventional command-and-control regime. Gujarat opened a second market in Ahmedabad in September 2023.
what does this mean?
The strongest source behind this entry is an independent peer-reviewed or academic study. It grades who did the looking — not how well the project went. All four grades →📊 Impact
The trial was published in the Quarterly Journal of Economics in May 2025. Plants in the market cut particulate emissions by 20 to 30 per cent relative to the control group, held enough permits to cover their emissions 99 per cent of the time against at most 66 per cent compliance among control plants, and abated at 11 per cent lower cost; the authors put the benefit-cost ratio at at least 25 to 1. The measurement period ran from September 2019 to April 2021 and was interrupted by India's COVID-19 lockdown.
🎓 Lesson
The market exists only because the measurement came first: a permit is worthless without stack-level data that nobody disputes, and the same instruments that priced the emissions also produced the compliance record — which is why compliance rose rather than merely being reported as high. What the scheme does not touch is the rest of the city's air. It prices industrial stacks, not traffic, construction dust or household fuel.
Sources
📅 How old is the evidence?
Two clocks, kept apart: when this entry’s sources were published, and what has happened to its record in the atlas. Documented span: since 2019. 5 of 5 sources carry a publication date, from 15 September 2019 to May 2025.
When the sources were published
- Energy Policy Institute at the University of Chicago (EPIC) · researchEnergy Policy Institute at the University of Chicago (EPIC), on the launch
- Yale Economic Growth Center · researchYale Economic Growth Center, on the Ahmedabad market
- University of Chicago · researchInstitute for Climate and Sustainable Growth, University of Chicago
- Down To Earth · pressDown To Earth (media)
- Oxford University Press · researchGreenstone, Pande, Ryan & Sudarshan, Quarterly Journal of Economics (peer-reviewed)
What happened to this record
Show your work What this page rests on and what it can’t tell you · all 9 claims with their sources · the forensic record
Evidence Passport · public beta 9 addressable claims, 5 source dossiers, one permanent baseline. The passport is unreviewed — an AI-assisted structural migration, not a human or expert endorsement. Every revision keeps a permanent copy under revision history.
Inspect the claims, one by one — verbatim text, sources and caveats for all 9
The text below is copied verbatim from the published record. Each claim names the source dossiers that carry it; caveats stay attached to the claim they qualify.
clm-54239328eaa5793f
quantitative
In June 2019 the Gujarat Pollution Control Board opened the world's first emissions trading scheme for particulate matter, in Surat's industrial belt
Sources carrying this claim
clm-d36f0bc5804cb18f
descriptive
the regulator caps the total mass of particulate matter the market may emit, and plants buy and sell permits to stay inside that cap
Sources carrying this claim
clm-64a85c3fdbaadfa5
quantitative
of 317 large coal-burning plants required to install monitoring, 162 were assigned to the market and 155 remained under the conventional command-and-control regime
Sources carrying this claim
clm-e1864a8ff02f4a65
quantitative
Gujarat opened a second market in Ahmedabad in September 2023
Sources carrying this claim
clm-576a3494c291f0ef
quantitative
Plants in the market cut particulate emissions by 20 to 30 per cent relative to the control group
Sources carrying this claim
clm-710ede11e302f808
quantitative
held enough permits to cover their emissions 99 per cent of the time against at most 66 per cent compliance among control plants
Sources carrying this claim
clm-43d7156bf140c6b5
quantitative
abated at 11 per cent lower cost; the authors put the benefit-cost ratio at at least 25 to 1
Sources carrying this claim
clm-761aede216dfad48
quantitative
The measurement period ran from September 2019 to April 2021 and was interrupted by India's COVID-19 lockdown
Sources carrying this claim
clm-dc372027b54e9042
descriptive
It prices industrial stacks, not traffic, construction dust or household fuel
Sources carrying this claim
Forensic record — source dossiers, gaps, hashes and the exact revision this page renders
This layer records what is known about each source, what is still missing, and the exact snapshot this page is rendering. A missing date, archive or hash stays visible as missing.
Awaiting operator and domain-expert review; publication of this revision implies neither.
sha256:c9c1a7de401d5624a15242588bd516fc8e72ccb72e44bd2628a2d21628cbea62
- 9
- of 9 claims mapped
- 5
- source dossiers
- 4
- publication dates recorded
- 0
- archives linked
- 0
- exact locators
- 0
- content captures hashed
Governance facts carried by the record
- Operator
- Gujarat Pollution Control Board
- Actor types
- regional-government, research
- Funding model
- public
- Funding description
- Not recorded
- Cost
- Not recorded
- Ownership
- Not recorded
- Decision rights
- Not recorded
- Exit conditions
- Not recorded
5 source dossiers
Greenstone, Pande, Ryan & Sudarshan, Quarterly Journal of Economics (peer-reviewed)
- Stable source ID
src-b9eddb70799acea5- Publisher
- Name not classified · academic.oup.com
- Type / language
- web-page · language not classified
- Published
- Not recorded
- Updated
- Not recorded
- Source last checked
- No source-level check date
- Record last verified
- 2026-08-20
- Dossier created
- 2026-08-21
- Retrieved copy
- No local capture recorded
- Archive
- No archived copy linked
- Content hash
- No captured content hash
- Locator
- Descriptive only — not page/paragraph exact
Open the recorded source note
Volume 140, Issue 2, May 2025, pages 1003-1060, doi:10.1093/qje/qjaf009. The randomised evaluation the entry rests on: trial design (317 plants required to install monitoring, 162 assigned to the market, 155 to command-and-control), the 20-30 per cent emissions reduction, the 99 per cent versus at most 66 per cent compliance comparison, the 11 per cent lower abatement cost and the benefit-cost ratio.
Institute for Climate and Sustainable Growth, University of Chicago
- Stable source ID
src-9e49b53930ba7ae0- Publisher
- Name not classified · climate.uchicago.edu
- Type / language
- web-page · language not classified
- Published
- 2025-04-15
- Updated
- Not recorded
- Source last checked
- No source-level check date
- Record last verified
- 2026-08-20
- Dossier created
- 2026-08-21
- Retrieved copy
- No local capture recorded
- Archive
- No archived copy linked
- Content hash
- No captured content hash
- Locator
- Descriptive only — not page/paragraph exact
Open the recorded source note
Plain-language summary by the institute of one of the authors, carrying the same figures as the paper plus the September 2019 to April 2021 measurement window and the COVID-19 interruption.
Energy Policy Institute at the University of Chicago (EPIC), on the launch
- Stable source ID
src-0cfe69685f70fd5e- Publisher
- Name not classified · epic.uchicago.edu
- Type / language
- web-page · language not classified
- Published
- 2019-09-15
- Updated
- Not recorded
- Source last checked
- No source-level check date
- Record last verified
- 2026-08-20
- Dossier created
- 2026-08-21
- Retrieved copy
- No local capture recorded
- Archive
- No archived copy linked
- Content hash
- No captured content hash
- Locator
- Descriptive only — not page/paragraph exact
Open the recorded source note
Contemporary account of the June 2019 launch: the Gujarat Pollution Control Board as operator, continuous emissions monitoring on the stacks, and the cap-and-trade design. Written by a research partner rather than the regulator, so treated as a research-side account of the launch, not as independent evaluation.
- Claims linked
Yale Economic Growth Center, on the Ahmedabad market
- Stable source ID
src-132aa8f0cd27c46f- Publisher
- Name not classified · egc.yale.edu
- Type / language
- web-page · language not classified
- Published
- 2023-09-05
- Updated
- Not recorded
- Source last checked
- No source-level check date
- Record last verified
- 2026-08-20
- Dossier created
- 2026-08-21
- Retrieved copy
- No local capture recorded
- Archive
- No archived copy linked
- Content hash
- No captured content hash
- Locator
- Descriptive only — not page/paragraph exact
Open the recorded source note
Source for the second Gujarat market. Verbatim: 'Ahmedabad joins the city of Surat (population 7 million) as the second loc[ation]' for the scheme, implemented by the Gujarat Pollution Control Board. The entry says 'September 2023' rather than a day date because no day date was read verbatim on this page.
- Claims linked
Down To Earth (media)
- Stable source ID
src-99831f27c36f4828- Publisher
- Name not classified · downtoearth.org.in
- Type / language
- web-page · language not classified
- Published
- 2025-04-16
- Updated
- Not recorded
- Source last checked
- No source-level check date
- Record last verified
- 2026-08-20
- Dossier created
- 2026-08-21
- Retrieved copy
- No local capture recorded
- Archive
- No archived copy linked
- Content hash
- No captured content hash
- Locator
- Descriptive only — not page/paragraph exact
Open the recorded source note
Indian environmental press coverage of the published evaluation, used as a check that the figures were reported consistently outside the research partners' own channels.
- Claims linked
- Background source; no baseline claim points here
Known limits of this passport
- Publisher names and source languages have not yet been classified; domains are recorded without guessing.
- Existing source notes are descriptive locators, not page- or paragraph-exact citations.
- A missing archive, publication date or content hash is shown as null rather than inferred.
- The project-level evidence grade ranks the strongest source in the entry; it is not a truth score for every claim.
Continue exploring
Compare this project
Explore the wider context
📎 Cite this project
1001 Smart Cities (2026). “Particulate Emissions Trading Scheme” — Surat, India. The Smart City Atlas. https://1001smartcities.org/projects/surat-emissions-trading/ (last verified 2026-08-20). Data: CC BY 4.0.
The underlying data is free to reuse with attribution — see the open data page.
