New Delhi/Mumbai, May 8 -- In a move that has sparked scepticism from industry experts because of complexities involved, the Delhi government is considering awarding carbon credits to buyers of electric vehicles (EV) in the national capital. The proposal, designed to promote the adoption of tail-pipe emission free vehicles, is part of the upcoming Delhi Electric Vehicles Policy 2.0.

"Collaboration shall be explored with development banks, carbon asset management enterprises to identify and evaluate various emission offset mechanisms and facilitate trading of carbon credits for the EV owners in Delhi," read the draft of the upcoming policy, which was shared with automakers for comment last month.Mint has seen a copy of the draft.

The thi...