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Navi Mumbai airport will destroy mangroves: Ramesh

By : Preeti Aggarwal, Jul 8, 2010

Union minister for environment and forests Jairam Ramesh said on Wednesday that the proposed airport at Navi Mumbai would destroy a large swathe of mangroves.

"There are talks about a new airport in Navi Mumbai. If that airport comes up in the proposed area, 400 acres...

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Subject Tags: Politics

IEA report signals energy technology revolution underway, but warns more must be done

By : sustainabilityo..., Jul 8, 2010

=A new report from the International Energy Agency (IEA) finds early indications that an energy technology revolution is underway. Released on July 1, 2010 the report shows that global investment in renewable power generation has reached all-time highs but warns much more...

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Govt plans to devise a new oil pricing formula

By : Preeti Aggarwal, Jul 6, 2010

The government plans to devise and publicly share a new pricing formula for key auto fuels, looking to inject greater transparency into an arcane system of price-setting amid hopes it will draw greater private participation in the state-dominated fuel retailing sector.

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Subject Tags: oil , Politics

Funds tap into GCC’s carbon market

By : Preeti Aggarwal, Jul 5, 2010

As news of some clean development mechanism projects initiated by the GCC governments begins to spread, funds managed by banks and financial institutions are descending on the region to tap CERs, or Certified Emission Reduction units, that can be traded on European climate...

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Subject Tags: Politics , Technology

Stepping up the ‘green' footprint

By : Preeti Aggarwal, Jul 4, 2010

India will overtake the US in becoming the nation with the largest registered green building footprint in the world by 2015, according to the Indian Green Building Council (IGBC). Apart from the sense of pride one feels over India's achievement, the country's prospective...

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Subject Tags: Politics , Technology , War

Anil Ambani commits to green energy for US Exim finance

By : Preeti Aggarwal, Jul 3, 2010

 Industrialist Anil Ambani [ Images ] has committed to invest in green energy and source the technology from the US, a move that helped the US Exim Bank change its mind within a week to guarantee $600-million loan to his group's coal-fired power project in India [ Images ]....

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A simpler path to cutting carbon emissions

By : sustainabilityo..., Jul 2, 2010

If our goal is carbon reduction, a cap-and-trade or carbon-pricing bill, with its likely compromises, would be worse right now than no regulation. Pricing carbon below $40 per ton will not change how industry does business or drive adoption of new technologies. With...

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Global recession sees carbon dioxide levels hold steady

By : sustainabilityo..., Jul 2, 2010

The world's industrial emissions of climate-changing carbon dioxide held steady last year, as recession slowed production in rich countries while growth in China and India made up the difference, a leading monitoring agency reported today.

The Netherlands Environment...

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India to Raise $535 Million From Carbon Tax on Coal

By : Roselin Dey, Jul 1, 2010

India expects to raise $535 million from a levy on coal producers starting today, the first step by Asia’s third-largest energy consumer to charge companies for fossil fuel pollution.

“This will give 25 billion rupees ($535 million) this year alone,” Environment...

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Subject Tags: energy , Politics , Technology

India to Raise $535 Million From Carbon Tax on Coal

By : Roselin Dey, Jul 1, 2010

India expects to raise $535 million from a levy on coal producers starting today, the first step by Asia’s third-largest energy consumer to charge companies for fossil fuel pollution.

“This will give 25 billion rupees ($535 million) this year alone,” Environment...

Read more..
Subject Tags: energy , Politics , Technology