Perform Achieve Trade PAT is an innovative challenge introduced under the new National Mission on En...........

Environment and Ecology Envirnment and Climate Change

Perform-Achieve-Trade (PAT) is an innovative challenge introduced under the new National Mission on Enhanced Energy Efficiency (NMEEE) under National Action Plan on Climate Change (NAPCC). Which of the following is correct regarding it?

Mechanism which will assign energy efficiency improvement targets to the country’s least energy intensive industrial units

There is a provision of allowing them to retain any energy efficiency improvements in excess of their target in the form of Energy Savings Certificates, called ESCerts.

Price will be state determined.

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Explanation:

2nd option is correct. There is a provision of allowing them to retain any energy efficiency improvements in excess of their target in the form of Energy Savings Certificates, called ESCerts under Perform-Achieve-Trade (PAT).