CARBON CREDIT TRADING SCHEME

• CCTS is India's domestic compliance + voluntary carbon market that prices GHG emissions through tradable Carbon Credit Certificates (CCCs).
• Notified under the Energy Conservation (Amendment) Act, 2022; operationalises the Indian Carbon Market (ICM).
• Aspirants must know: ministry split, regulator/registry, Compliance vs Offset mechanism, sector coverage, and difference from the old PAT scheme.