India is expected to see a three-fold rise in the number of carbon credits issued for emission reduction projects over the next three years, according to a study by CRISIL Research.
New capacity addition in renewable energy sector will drive the issuance of carbon credits (Certified Emission Reduction units or CERs) to 246 million units by December 2012 from 72 million in November 2009, the study said.
360investgroup
