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Sustainability Outlook Headlines
Greendiamz brings bioplastic to IndiaGreendiamz Biotech, manufacturer of environmentally safe plastic products, Monday said it has commissioned a plant here that produces fully biodegradable and compostable plastic material. Company Chairman Champat Sanghvi told mediapersons that the 5,000-tonnes per annum capacity facility was set up in association with Limagrain-France at a cost of Rs.40 crore.
Date : Jun 7 Source: Sify
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India, Australia agree to enhance co-operation in mineral, energy sectorsUnion Power Minister Sushil Kumar Shinde on Monday met Australian Minister of Shinde highlighted opportunities and investments in Indian power sector and Date : Jun 7 Source: Thaindian.com
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Australia can play a major role in India’s energy .Union Power Minister Sushil Kumar Shinde on Monday said that Australia can play “The two countries can work together in the areas of development of the use Date : Jun 7 Source: Thaindian.com
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Indian Government Rejects Urgent Action on ClimateIf we are to prevent runaway climate change we must reduce emissions with urgency say the scientists. However, Freedom of Information requests reveal that the Indian government is steadfastly refusing to do its bit by committing to policy a of delays. Date : Jun 7 Source: PRLog
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In drastic green energy proposal, U.S. pays mostThe world could generate 95 percent of electricity from renewable energies by 2050 in a drastic shift from fossil fuels, with the United States paying about a third of a giant bill, green lobby groups said on Monday. Date : Jun 7 Source: Reuters
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Tread cautiously on fossil fuel use: Experts to govtIndia Inc should end its dependence on fossil fuel and consumers should be more disciplined in their use of subsidised fuel, but the government has to be cautious while considering harsh disincentives to the use of fossil fuel such as a carbon tax, policymakers and representatives of corporate India agreed on Saturday. Date : Jun 7 Source: The Financial Express
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Reliance may foray into nuclear energy - reportIndian petrochemicals-to-gas conglomerate Reliance Industries Ltd is looking to enter nuclear energy, the Economic Times reported on Monday, citing unnamed sources with knowledge of the matter. The energy major is believed to be in talks with Bechtel, the largest U.S. engineering firm, for a possible collaboration, the newspaper said. "RIL has indicated to the government that it is keen on generation and distribution of nuclear power," it quoted an unnamed senior government official as saying, adding the plans are at a preliminary stage. A spokesman for Reliance... Read more.. Date : Jun 7 Source: Reuters UK
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Delhi 2010 marks World Environment Day with Green Transport rallyOn the occasion of the World Environment Day, the Organising Committee Commonwealth Games 2010 Delhi along with the Department of Environment, GNCTD, organised a Sustainable Transport Rally which included bicycles, electric cars and electric bikes. The Organising Committee Commonwealth Games 2010 Delhi released the Green Games monthly e-newsletter and the Department of Environment, GNCTD, also released its 2010 State of the Environment Report. There were more than 200 participants and the rally proceeded in two batches. The first batch was a Cycle Rally that was flagged off... Read more.. Date : Jun 7 Source: Sify
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India to seek uranium import from Australia: Sushilkumar ShindeIndia will try to persuade Australia to supply uranium to it during a bilateral meeting on energy here tomorrow, seeking flexibility on Canberra's longstanding position that it would not export the nuclear raw material to countries who are not signatories to the nuclear Non-Proliferation Treaty (NPT). "There are plans to initiate some discussion for sourcing uranium from Australia. Though at present the Labour government in Perth has already made it clear that it would not supply uranium (to countries) who have not signed the nuclear Non-Proliferation Treaty," Union power minister... Read more.. Date : Jun 6 Source: Daily News and Analysis
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Durable technology must for green energyMinister for new and renewable energy (MNRE) Farooq Abdullah on Saturday cautioned Corporate India against choosing cheap energy technologies that could jack up their profits in the short term but might not deliver in the long run. He said the Jawaharlal Nehru National Solar Mission (JNNSM) offered opportunities for Indian players to forge technological collaboration with overseas players looking for new markets. “Do not jump for cheap technology. Technology must be such that it could stand the test of time,” Abdullah said while speaking as chief guest at the FE-EVI Green Business... Read more.. Date : Jun 6 Source: Indian Express
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Envt Min to hold country-wide consultations on Green MissionThe Environment Ministry will hold a series of country-wide public meetings from next week to discuss the proposed Rs 44,000 crore Green Mission which aims to increase the total forest cover by 20 million hectares by 2020. The consultations are in keeping with Environment Minister Jairam Ramesh's decision to discuss the mission with NGOs and various stakeholders before framing its blueprint, a part of the government's plan to tackle climate change. The first meeting will be held in Guwahati on June 11 to be followed in Visakhapatnam on June 15 and Pune on June 19. The fourth... Read more.. Date : Jun 6 Source: Deccan Herald
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ENERGY GLOBE World Award Goes to IndiaHigh-ranking UN VIPs, well-known environmental advocates, a glamorous party and above all: the best environmental projects in the world - that was the ENERGY GLOBE Gala -Rwanda 2010. This year the number one environmental gala served as the official inaugural event for the UN World Environment Day (WED) and at the same time demonstrated just how important the ENERGY GLOBE has become. A colourful spectacle kicked off the evening's proceedings: prize-winners of the national Energy Globes from various countries introduced themselves to the guests - including prominent names: top-... Read more.. Date : Jun 6 Source: Newsblaze.com
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Sustainable development a challenge: Sheila DikshitDelhi Chief Minister Sheila Dikshit on Saturday termed sustainable development and making the national capital more habitable a challenge that needed to be addressed by all stakeholders. "The city of Delhi with 18 million population is facing a big challenge of achieving sustainable development," Dikshit said while releasing the State of Environment Report for Delhi on the occasion of World Environment Day. "Therefore, this report doesn't just highlight the achievements but also the challenges the city faces and action needed to make the city more habitable. The work has been... Read more.. Date : Jun 5 Source: Siffy News
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India emerging leader in wind energyOn the very tip of mainland India near Kanya Kumari, there is money to be made literally from thin air, money that is green and environment friendly. Kudankulam, better known to house India's largest nuclear reactor is also recognized for its giant wind energy farm. More than 5,000 wind turbines jostle for space producing about 4000 MW of electricity. Each wind mill costing about 70 million rupees produces about 1.25 MW of electricity and the largest of them all is the 2.1 MW giant that stands 80 meters tall owned by the global leader in wind energy Suzlon Energy Limited.... Read more.. Date : Jun 5 Source: NDTV
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India asks UN to take tough stand against protectionismIndia has demanded that the UN prevent any green protectionism by developed countries and include an explicit statement in the opening charter of any new deal to block carbon-based taxes being imposed on exports from developing countries such as India. The statement to the effect was made by the Indian delegation at the start of climate negotiations in Bonn on Tuesday. The UN talks on climate, in continuation of the last big meeting in Copenhagen, besides discussing the future of Kyoto Protocol will also look to hammer out a new long-term deal. While developing countries such as... Read more.. Date : Jun 5 Source: Economic Times
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Green cover down to 5%, carbon count rises in KolkataRampant construction and poor compensatory plantation are taking a toll on Kolkata's environment. And it has probably never been as stark and quick as in the last year. The city's green cover now stands at a dismal 5%, which is way below the requirement of 15% for metros. In the last 12 months, Kolkata and its adjoining areas have lost more than 5,000 trees to developmental projects, unauthorized chopping and natural causes. The loss is unprecedented, says the forest department. This could have brought the cover further down and has pushed up the carbon count by an alarming 5,500,... Read more.. Date : Jun 5 Source: Times of India
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MCD earns carbon credits worth Rs 5LMunicipal Corporation of Delhi (MCD) has earned carbon credits worth Rs 5 lakh against net carbon emission reduction (CER) achieved by making Okhla compost plan functional. This makes MCD the first civic agency in the country that has earned carbon credits. An MCD official said, ‘‘The CERs achieved from the Okhla composting plant — as part of the clean development mechanism (CDM) project — would be the first for any municipal solid waste management project in the country and also the first for any municipal solid waste composting project in the world. The plant has been... Read more.. Date : Jun 5 Source: Times of India
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India Inc smells green moneyImagine using coconut shells to make ketchup. Or cashew kernels to make soap. Indian companies are going a long way in finding alternate sources of energy, and in the process, encashing a new opportunity in carbon credits. Carbon credit is the simple term used to describe a new kind of commodity, generated by nations that get credits in exchange for keeping their carbon emissions that threaten the earth’s climate below levels set by the United Nations Framework Convention for Climate Change. This business has spawned the so-called CDM (clean development mechanism) regime. ... Read more.. Date : Jun 5 Source: Hindustan Times
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Leh airport ACs to run on solar powerPassengers at Leh airport — one of the world’s highest airfields at 10,682-feet above sea level — will soon be basking in the warmth of solar airconditioning. The Airports Authority of India (AAI) is going to install solar panels on the roof of the new terminal that will be used to generate about 100kw and use that to heat up water. This heated water-chemical mix will be circulated through coils in air handling units where big fans will be installed. Like a normal AC, the air will get heated after passing through the coils with hot water and help keep the terminal temperature... Read more.. Date : Jun 5 Source: Times of India
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India, the global e-waste dumping ground?One more day to remember how we forget the world around us, as we get lost in the urban rat race. One more day to audit as to what we are giving back to the earth other than increased carbon footprints and e-wastes. And on this World Environment Day, too, we have all the bad things to highlight, from carbon emission to e-wastes. According to a UN report, India is the second largest e-waste generator in Asia. And, unless action is stepped up to properly collect and recycle materials, many developing countries face the specter of hazardous e-waste mountains with serious consequences... Read more.. Date : Jun 5 Source: CIOL Network
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PE investors begin funding carbon credit projectsThere's something for the ‘green brigade’ to rejoice this Saturday, when the world dawns to yet another ‘World Environment Day’. Private equity investors have begun funding clean development mechanism projects, a strategy which will enable them to earn profits from the project as well as by selling certified emission receipts (CERs) or carbon credits. Stable prices of carbon credits, which are currently trading at e12-13 apiece, are inducing private equity investors to go the carbon way. Analysts, the world over, are expecting (CER) prices to remain firm as polluting companies in... Read more.. Date : Jun 4 Source: Economic Times
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Agartala to be northeast's first 'solar city'The Tripura government Friday announced ambitious plans to make its capital Agartala a 'solar city' replacing at least 10 percent of conventional energy use by solar energy. "Agartala city would be the first 'solar city' in northeast India within the next few years," state Science, Technology and Environment Minister Joy Gobinda Debroy told reporters. "A Rs.20 crore project has been undertaken to make Agartala a 'solar city'. The union ministry of new and renewable energy (MNRE) would bear 90 percent of the cost and remaining would be given by the Tripura government," he said... Read more.. Date : Jun 4 Source: New Kerala
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India tops energy-efficient cement productionWith some of the plants operating at the lowest energy consumption levels, the Indian cement industry has become a forerunner in energy-efficient cement manufacturing in the world, according to yet to be released FE-EVI Green Business Survey 2009-10. The survey will be released in New Delhi on World Environment Day, June 5. The highlight of the event will be the presentation of FE-EVI Green Business Leadership Awards 2009-10. The event is being organised jointly by The Financial Express and Emergent Ventures India, a climate change & sustainable development advisory firm, in... Read more.. Date : Jun 4 Source: Financial Express
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India Gets Fewer Carbon Credits as UN Scrutinizes ProjectsIndia, the second-largest supplier to the United Nations emissions market, received 51 percent less carbon credits in the five months through May as regulators scrutinize the country’s projects. Issuances of Certified Emission Reduction credits to India in the UN Clean Development Mechanism, the world’s second- biggest greenhouse gas market, fell to 5.86 million, from 11.96 million in the same period last year, according to UN data on Bloomberg. Worldwide issuance rose 13 percent in the period. “The trend is striking,” said Anmol Singh Jaggi, director of Gensol Consultants... Read more.. Date : Jun 4 Source: Bloomberg
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Barclays Bolsters Carbon Trading Position with Tricorona PurchaseBarclays plans to buy carbon trading firm Tricorona for 1.13 billion Swedish kronor ($145 million), which will position the U.K. bank as a leading global origination and carbon trading house, reports Market Watch. Tricorona sources, develops and trades carbon offsets from greenhouse gas (GHG) reduction projects in developing countries, a market established by the Kyoto Protocol’s Clean Development Mechanism (CDM), reports The Independent. The deal represents a vote of confidence in the carbon market by Barclays despite the market’s uncertain future beyond the expiration of... Read more.. Date : Jun 4 Source: Environmental Leader
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