The Impact of Emissions Trading on Rice Production of India
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Emissions trading is a market-based Kyoto mechanism that is aimed to assist the nations in achieving emission reduction targets in a cost effective manner. However, it is least explored in the agricultural sector though 15 percent of the global GHG emissions are from agriculture. Thus, the paper attempts to study the effect of emissions trading as a greenhouse gas mitigation mechanism in order to reduce methane emissions from paddy cultivation.