Should the pursuit of carbon credits and clean development mechanisms set up under UNFCCC be maintained even though there has been a massive slide in the value of a carbon credit? Discuss with respect to India’s energy needs for economic growth. (250 Words, 15 Marks)
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Should the pursuit of carbon credits and clean development mechanisms set up under UNFCCC be maintained even though there has been a massive slide in the value of a carbon credit? Discuss with respect to India’s energy needs for economic growth. (250 Words, 15 Marks)

In the wake of global climate change concerns, the pursuit of carbon credits and clean development mechanisms (CDM) established under the United Nations Framework Convention on Climate Change