Carbon trading important for promoting green hydrogen: BEE - News Summed Up

Carbon trading important for promoting green hydrogen: BEE


The Bureau of Energy Efficiency (BEE) Director General Abhay Bakre on Friday emphasised that the development of a carbon trading market in India is important for the promotion of green hydrogen. It enables a lot of decarbonisation potential and facilitates revenue through carbon trading, making it a prospective opportunity, he added. International Solar Alliance (ISA) DG Ajay Mathur too stressed on ramping up the current infrastructure for green hydrogen. The development of a domestic market for green hydrogen, along with the focus on electrolyzer manufacturing, will create a strong demand for green hydrogen, which is the first step towards achieving India’s ambitious targets. The National Green Hydrogen Mission has been working towards creating a clear vision for getting 25 per cent of the domestic hydrogen requirement through green hydrogen by 2030.


Source: The Hindu May 06, 2023 04:25 UTC



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