Andhra Pradesh may lead by example in the energy efficiency investment potential in the future, according to Director General of the Bureau of Energy Efficiency (BEE) Abhay Bakre.
In a communication to State Energy Secretary B. Sreedhar and the A.P. State Energy Conservation Mission (APSECM), Mr. Bakre said the government at the Centre was developing carbon markets to reduce emissions and mitigate the ill-effects of climate change.
Referring to a draft blueprint on the National Carbon Market (NCM) prepared by the BEE, he asked the APSECM to submit a feedback, as it would help create an effective and meaningful marketplace for carbon emissions trading and lower the economic cost of reducing the emissions.
