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Green GDP and India’s Five-Year Plan

By : Nora Nelson, Dec 15, 2009

Beginning in 2010, India, as part of its five year plan, aims to factor the use of natural resources into its GDP as a means of underscoring its actions in the fight against global warming. And by 2015 the aim is to report on "Green GDP" figures.

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India's carbon intensity decline is enviable

By : sustainabilityo..., Dec 15, 2009

Several articles — some of them misleading — have recently appeared in the media on a study by the World Bank, ‘Energy Intensive Sectors of the Indian Economy: Options for Low Carbon Development’. In an exclusive article for TOI, the report’s authors, Kwawu Mensan Gaba (Lead...

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India’s State-Owned Refiners Spend $5 Billion on Cleaner Fuels

By : sustainabilityo..., Dec 15, 2009

Indian Oil Corp., the nation’s second-biggest refiner, and its state-run rivals are spending 235 billion rupees ($5 billion) to produce cleaner fuels and meet stricter emissions guidelines.

Indian Oil allocated 115 billion rupees to upgrade its plants, Director of...

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India, China may force Australia to pay to secure deal

By : sustainabilityo..., Dec 13, 2009

Developing countries like India and China could force Australia to pay a hefty sum to enable them to cope with climate change in return for a deal in Copenhagen, Denmark.

Though Australia faces a budget deficit of about 50 billion Australian dollars in fiscal 2009-10,...

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Subject Tags: Environment

Nations seek climate financing for poor countries

By : sustainabilityo..., Dec 11, 2009

European nations pressed former East bloc neighbors Thursday to help create a multibillion-dollar fund for poor countries suffering the most from global warming, while key U.S. senators signaled progress on legislation in line with what President Barack Obama will pledge at...

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India's first entrepreneur to sell solar power, commercially

By : sustainabilityo..., Dec 10, 2009

Inderpreet S Wadhwa has mostly been associated with start-ups and Fortune 500 companies. He also co-founded and sold a software education company in Silicon Valley a few years back.

And though he's still associated with the word 'silicon', it does not relate to...

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Subject Tags: Environment , Technology

Analyse cost-benefit carefully: World Bank

By : sustainabilityo..., Dec 10, 2009

India will be able to reduce its carbon intensity considerably if it stays the course on its plans to slash its energy deficit and move to more environmentally friendly power alternatives by 2031, but any further cuts will come at a high cost, according to a yet-to-be-...

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Beware of Carbon Trading Trap Warn Activists

By : sustainabilityo..., Dec 9, 2009

As the climate change summit in the Danish capital moves into a second day, environmental groups warn that by pushing carbon offsetting and trade, governments of developed countries are bypassing their responsibility to significantly reduce domestic...

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World Bank Touts Carbon Market

By : sustainabilityo..., Dec 9, 2009

The World Bank proudly defended the global carbon market in the Danish capital Tuesday for its "contribution" to efforts to mitigate climate change, in spite of criticism from civil society.

The multilateral lender presented its publication titled "10 Years of...

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Climate Change: EU, China, G77 Trade Words

By : sustainabilityo..., Dec 9, 2009

The wide differences between developed and developing countries yesterday threatened the ongoing negotiations at the 15th Conference of the Parties (COP15) to the United Nations Framework Climate Change Convention (UNFCCC) in Copenhagen, Denmark as the European Union (EU) and...

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Subject Tags: Environment