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REPORT ON CURRENCY AND FINANCE
Mumbai: An emission trading system (ETS) and carbon taxes could go a long way in reducing carbon emissions to progress toward a net zero emission objective, but several factors such as regulatory and nonfossil fuel related policies would be very important, the central bank said in its report on Currency and Finance for the year.
The report titled 'Towards Cleaner Greener India' said that besides carbon taxes and ETS standards for carbon emission rates and energy efficiency, rebates for technologies...