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Rural job plan a carbon-credit spinner?

By : sustainabilityo..., Dec 15, 2009

As the world continues to debate climate change in Copenhagen, the rural development ministry is looking to reap some green benefits at home.

It is conducting studies to quantify the value of carbon credits generated through the National Rural Employment Guarantee Act...

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Subject Tags: Technology

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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Baring Asia to invest $50-60M in coastal projects

By : sustainabilityo..., Dec 14, 2009

The existing investors Sequoia Capital & Fidelity Investment Holdings will increase their stake in the company.

In one of the largest growth capital deals, Baring Private Equity Asia is close to investing around $50-60 million in Coastal Projects, a Hyderabad based...

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Subject Tags: Business , Technology

Panasonic plans to focus on solar products

By : sustainabilityo..., Dec 14, 2009

Electronics maker Panasonic India Pvt. Ltd plans to focus on selling solar devices such as rechargeable batteries that are made by Sanyo Electric Co., in which its Japanese parent Panasonic Corp. plans to acquire a controlling stake for the equivalent of $4.6 billion.

...

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Legally binding carbon emission cut not acceptable: CII

By : sustainabilityo..., Dec 13, 2009

Legally binding carbon emission norms that can affect the country's development is not acceptable and rich nations must commit to deeper reductions at the Copenhagen Climate Summit, industry body CII said today.

"The outcome of the summit should be equitable and should...

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Subject Tags: Technology

Rising CO2 levels could be making trees grow like crazy

By : sustainabilityo..., Dec 12, 2009

A new study has suggested that the rising level of atmospheric carbon dioxide (CO2) may be fueling more than climate change, as it could also be making some trees grow like crazy.

The study, by scientists from the University of Wisconsin-Madison and the University of...

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Clean energy to grow into $2.4 trillion industry: WWF

By : sustainabilityo..., Dec 12, 2009

The clean energy technology sector will grow into a $2.4 trillion industry by 2020, becoming the third largest industrial sector after automobiles and electronics, WWF said on Friday.

The clean energy industry, which includes wind energy infrastructure, insulation,...

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Subject Tags: energy , Technology

Institution of Engineers favours tie-up with Nepal for hydro power

By : sustainabilityo..., Dec 12, 2009

The Institution of Engineers (India) has suggested that Nepal, which has multi-stage hydro power potential, can convert itself into ‘hydro power dollar' country just like Gulf nations that are affluent ‘petro dollar' countries.

Delivering the presidential address at...

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Subject Tags: Nepal , Technology

Carbon credits offer us a Rs 28,000-cr opportunity

By : sustainabilityo..., Dec 12, 2009

The Indian government has approved more than 1,400 projects as part of the clean development mechanism that could attract around $6 billion (Rs 28,000 crore) into the country by 2012 through sale of Certified Emission Reduction certificates, according to environment and...

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Subject Tags: Business , Technology

Start-ups turn global warming challenge into thriving biz opportunity

By : sustainabilityo..., Dec 11, 2009

A clutch of small companies is turning the brouhaha over global warming into a hot business proposition.

Sidhartha Bhimania’s IIT-Delhi incubated EnNatura has developed printing ink from vegetable oil and is washable and entirely bio-degradable.

IIT-Delhi has...

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Subject Tags: Technology