Assessment of Perform Achieve and Trade (Pat), Cycle in India and Conceptualization of its Future Performance

Abstract

In this paper, we have a tendency to analysed the experiences gained from section one of PAT theme and extract some policy lessons that may support policy manufacturers whereas coming up with future PAT theme. we have a tendency to conduct the analysis by addressing key analysis criteria i.e. price issue, energy saving certificate mercantilism, body burden for the authority and PAT cycle two outlook. It�s not in our objective to point out to the reader a normative facet of coming up with PAT theme. Rather, we have a tendency to establish some key policy lessons which might be summarized as: Targets to be achieved should be clearly expressed and government ought to give subsidies to selected shoppers to require up some major energy economical ways requiring vast monetary investment, industrial sectors to be enclosed whereas deepening of PAT has been mentioned, widening and deepening of PAT ought to be supported 2 criteria i.e. energy consumption and impact of the sectors on the setting, correct market should be discovered for ESCert�s mercantilism in terms of policy timeframe, energy potency targets mustn't solely cowl �low hanging fruits� however it ought to promote innovation.