The state is determined to help firms see the wisdom — and benefits — of adopting green technologies.
The Maharashtra Pollution Control Board (MPCB) will offer consultancy and technical know-how to groups of smaller companies to introduce them to an ever-expanding global carbon trading market. The services are modelled after a Chinese initiative, which offers such a platform to small and medium enterprises (SMEs) in carbon trading.
“We are all set to start the service, our technical committee is in place and it’s looking into various aspects of facilitation and technical support,” said Sanjay Khandare, member-secretary, MPCB.
India is home to 16.7 per cent of the world’s population and produces 4 per cent of CO2 emissions. The country earned Rs 1,500 crore in 2007 by selling carbon credits to developed-country clients, but this is a fraction of the estimated Rs18,000 crore it can by 2012.
Apart from helping the country achieve this target, the MPCB feels the initiative will influence SMEs in adopting greener technologies. “If they see the financial gain, they will install carbon emission reduction systems that will help the environment,” said Khandare.
Companies are enthusiastic as well. “Units using carbon can get concessions in electricity rates. They can sell carbon credit and earn revenue,” said Vijay Kalantri, chairman and managing director, Dighi Port.
Kishore Butani, the country’s official carbon offset aggregator, said this was a welcome initiative but the pollution board must study all available systems to offer the best possible solutions to the companies. “Following the China model is a positive approach and the MPCB, if it can achieve that, will be first in the country to do so,” he said.
The main concern, he said, was agreeing to a price tag to sell the credits at to a group of firms. “Every company in the cluster has to agree on the price they get through the intermediary which, in this case, is the MPCB,” he said. “There has to be one point person for data management.”