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Carbon Credit Trading Scheme and EU CBAM
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Quiz · Carbon Credit Trading Scheme and EU CBAM
Two Prelims-style questions on this topic from 13 October 2026. Choose an option to check yourself, then open the full note or today’s full quiz.
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Consider the following statements regarding India's domestic carbon market initiatives: 1. The Carbon Credit Trading Scheme (CCTS) is notified under the Energy Conservation Act, 2001. 2. The Bureau of Energy Efficiency (BEE) acts as the administrator for the domestic carbon market. Which of the statements given above is/are correct?
A
2 only
B
Both 1 and 2
C
Neither 1 nor 2
D
1 only
Solution
In international trade discussions involving the European Union, what does the Carbon Border Adjustment Mechanism (CBAM) primarily entail?
A
Mandatory technology transfer agreements for renewable energy equipment
B
A global quota system restricting the export of crude oil from member states
C
Financial subsidies provided by the EU to developing nations for planting trees
D
An EU tariff mechanism on carbon-intensive goods imported into the EU based on embedded carbon emissions
Solution
