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Carbon markets, explained by trading them
Plain-language guides to emissions trading and market design, written to pair with the simulator, so you can read how a carbon market behaves and then go run one yourself.
How Were India's Carbon Market Targets Set?
Testing the claim that India's CCTS targets were benchmarked to each sub-sector's best performer, using three separate measures: whether the frontier plant was spared, how much pressure fell on the typical plant, and whether each target was calculated or drawn from a short list of flat rates.
CCTS Obligated Entities: Where India's 748 Covered Plants Are Located
A working paper on the 748 obligated entities under India's Carbon Credit Trading Scheme (CCTS): how many plants each state hosts, the sector split, baseline emissions of 759 Mt CO2e, and the abatement the 2026-27 targets imply. Free PDF download.
The Geography of India's Carbon Market: Mapping CCTS Obligated Entities
Maps showing where India's CCTS obligated entities are located, weighted by baseline emissions and split by sector, and why the spatial clustering of over 700 entities matters for how the carbon market behaves.
India Sets CCTS Targets for the Iron and Steel Sector: What It Means
India has set emission intensity targets for the iron and steel sector under its Carbon Credit Trading Scheme (CCTS). Here is what the targets, baseline, and coverage mean for the carbon market.
Cap and Trade Game: How Cap and Trade Works, Hands-On
A free cap and trade game and simulation. Learn how cap and trade works by running one yourself: operate under a cap, trade allowances, and watch the carbon price form.
Carbon Trading Game: Learn Emissions Trading by Playing
Prometheus is a free carbon trading game. Run a firm, trade allowances, and learn how emissions trading works by playing a live carbon market instead of reading about it.
Intensity vs Absolute Carbon Markets: What's the Difference?
A clear comparison of absolute (cap-and-trade) and intensity-based carbon markets: how each sets its limit, the trade-offs, real-world examples, and why the distinction matters for India's CCTS.
Prometheus: A Free Carbon Market Simulator for Learning Emissions Trading
Prometheus is a free, browser-based carbon market simulator. Trade allowances, manage abatement, and learn how an emissions trading system (ETS) works by playing a live market.
What Is a Carbon Market? A Plain Guide to How Carbon Pricing Works
A clear explanation of what a carbon market is, how cap-and-trade and baseline-and-credit systems work, what carbon offsets are, and how simulations help design and learn these markets.