SSC Stenographer 2026 PYQ — Question 5

Solution: The correct answer is Participation in CCTS is mandatory for all sectors irrespective of their emission levels and geographical location.
Explanation:
☛ The Carbon Credit Trading Scheme (CCTS) was notified by the Ministry of Power under the Energy Conservation (Amendment) Act, 2022.
☛ Participation in CCTS is not mandatory for all sectors; rather, it is designed for designated energy-intensive sectors (such as iron & steel, cement, petrochemicals, etc.) and specific obligated entities.
☛ The scheme functions on a cap-and-trade mechanism where emission targets are set, allowing entities with surplus credits to trade them with entities that exceed their emission caps.
☛ CCTS provides economic incentives for adopting clean technologies and decarbonisation practices.
Extra Exam-Relevant Facts:
☛ Administrator: The Bureau of Energy Efficiency (BEE) functions as the administrator of the CCTS.
☛ Market Regulator: The Central Electricity Regulatory Commission (CERC) is the regulatory authority for trading carbon credit certificates.
☛ Registry: The Grid Controller of India Limited is designated as the registry for maintaining records and tracking transactions.
☛ Transition: CCTS is set to gradually replace and expand upon the earlier PAT (Perform, Achieve and Trade) scheme.
Important One-Liners for Upcoming Exams:
☛ Under which amended act was the Carbon Credit Trading Scheme introduced? → Energy Conservation (Amendment) Act, 2022
☛ Which agency serves as the administrator for CCTS in India? → Bureau of Energy Efficiency (BEE)
☛ Which body regulates the trading of carbon credit certificates under CCTS? → Central Electricity Regulatory Commission (CERC)
☛ What does one Carbon Credit Certificate generally represent in terms of emissions? → Reduction or removal of one tonne of carbon dioxide equivalent (1 tCO2e)
☛ Which organisation acts as the registry for the Indian carbon market? → Grid Controller of India Limited