India’s energy efficiency scheme won't impact CDM, say experts
India’s plans for a domestic energy efficiency cap-and-trade scheme have raised concerns over how the market for Clean Development Mechanism (CDM) projects will be affected.
Under plans for the scheme, businesses that use more energy can buy certificates from those that have excess. While it seems rules will need to be put in place to ensure an energy efficiency project can't gain certificates from both this scheme and the CDM, some analysts believe there might be scope for overlap of the two schemes further down the line.
There are concerns the scheme could potentially reduce the incentive for Indian utilities to put forward energy efficiency projects under the
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