With reference to the Emissions Trading Scheme (ETS) in India, consider the following statements:
1. It will require polluting industries to achieve certain standards of energy efficiency and permit them to ‘trade’ these improvements.
2. The Central Pollution Control Board (CPCB) under the Ministry of Environment, Forest and Climate Change would be the nodal coordinator of the scheme.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2