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
Permanent project revision
Revision 2026-08-20-source-dates-b8 · effective 2026-08-20
Superseded. A later revision exists: 2026-08-20-source-dates-r2 →
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sha256:ef1b2efc80050446716d1bddca057e2830fee8223883d4c96067fa413a811448
replace /snapshot/projectFingerprint — Updated projectFingerprint to the current sourced project record.replace /snapshot/sources — Updated sources to the current sourced project record.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
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
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
clm-e1864a8ff02f4a65
quantitative
Gujarat opened a second market in Ahmedabad in September 2023
clm-576a3494c291f0ef
quantitative
Plants in the market cut particulate emissions by 20 to 30 per cent relative to the control group
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
clm-43d7156bf140c6b5
quantitative
abated at 11 per cent lower cost; the authors put the benefit-cost ratio at at least 25 to 1
clm-761aede216dfad48
quantitative
The measurement period ran from September 2019 to April 2021 and was interrupted by India's COVID-19 lockdown
clm-dc372027b54e9042
descriptive
It prices industrial stacks, not traffic, construction dust or household fuel
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sha256:ef1b2efc80050446716d1bddca057e2830fee8223883d4c96067fa413a811448
src-b9eddb70799acea5Volume 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.
src-9e49b53930ba7ae0Plain-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.
src-0cfe69685f70fd5eContemporary 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.
src-132aa8f0cd27c46fSource 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.
src-99831f27c36f4828Indian environmental press coverage of the published evaluation, used as a check that the figures were reported consistently outside the research partners' own channels.