Consider the following statements about Perform Achieve and Trade PAT scheme 1 It provides opp...........

Economic Affairs Sustainable Development

Consider the following statements about Perform, Achieve and Trade (PAT) scheme:

1. It provides opportunities for new markets as it devises cost effective energy efficient strategies for end-use demand-side management leading to ecological sustainability.

2. The activities under the PAT scheme promote sustainable development livelihood through watershed development and sustainable livelihood for tribal communities.

3. It seeks to establish India as a global leader in solar energy by creating policy conditions for its diffusion across the country.

Which of the above statements is/are correct?

1 Only

2 Only

1 and 2 Only

2 and 3 Only

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Explanation:

There have been a number of actions on the domestic front to create carbon markets.
An important one is the Perform, Achieve & Trade (PAT) scheme which is being implemented for the designated industries under the National Mission on Enhanced Energy Efficiency. The activities under the PAT scheme provide opportunities for new markets as it devises cost effective energy efficient strategies for end-use demand-side management leading to ecological sustainability.