ilmscore | 04 September Economic Current Affairs 2024 | Economics Daily Current Affairs | Avinash Sir Ecoholics

04 September Economic Current Affairs 2024 | Economics Daily Current Affairs | Avinash Sir Ecoholics

Published: 2024-09-04
Status: Analyzed

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Prediction
Topic
Status
India's Carbon Credit Trading System (CCTS) is expected to be implemented soon.
"Nala sitaraman so she had announced in her budget speech that ccts will soon be implemented in India"
Carbon Credit Trading System (CCTS) in India
Pending
India will be among the few countries in the world to implement a Carbon Credit Trading System (CCTS), joining the EU, UK, China, Indonesia, South Korea, and Australia.
"along with EU UK China Indonesia South Korea and Australia we will be among the few countries in the world who will be having this system in place"
Carbon Credit Trading System (CCTS) in India
Pending
An overly aggressive approach to emission reduction, without considering technological feasibility, will lead to Indian industries shutting down, resulting in job and production losses.
"if you take this kind of an approach that industry will shut down in India those jobs will be lost in India that production will be lost in India"
Indian Industry & Decarbonization
Pending
Carbon pricing in India will be lower than carbon pricing in the European Union.
"carbon pricing in India is going to be lower than carbon pricing in European Union"
Carbon Pricing in India vs. European Union
Pending
If the European Union acknowledges India's context, Indian industries will be granted more time to adjust and decarbonize in response to the Carbon Border Adjustment Tax.
"if European Union understands this right then they they will give us industries from India more time right they will give industries from India more time to adjust and decarbonize themselves"
India-EU Carbon Border Adjustment Tax (CBAM)
Pending
The new Carbon Credit Trading System (CCTS) will definitely increase production costs for covered sectors, making products from polluting practices, particularly electricity generated from fossil fuels, more expensive.
"this is going to be a new system it will definitely increase production costs... polluting production practices and those products are definitely going to become costlier one way or the other... electricity generated from fosil fuel is going to become expensive"
Production Costs & Energy Prices
Pending