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"India is one of the fastest growing economies of the world. Industries form a significant part of the economy which includes automobiles, mining, manufacturing, equipment and machinery etc. These also contribute a lot to the emission of harmful gases which in turn has ill effects on the climate. The Government of India is all set to create the world's first market for trading credits for energy savings. With the help of this, the Government expects to set compulsory energy-savings targets for energy-intensive sectors such as cement, aluminum, steel, power, textiles, fertilizers, railway, paper and pulp. The country's Bureau of Energy Efficiency is working on a program to establish credits for industrial plants that save energy beyond the government requirement. The plan has been modeled after emissions-trading markets at work in the EU."^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.mbaskool.com/business-articles/finance/251-carbon-emissions-trading-making-world-better-place-or-not.html>