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Sustainability Outlook Headlines
Experts deliberate on roadmap to lower emissionsPower generation, transport, manufacture of cement and steel and building construction will be the activities in focus as India prepares a roadmap towards a low-carbon economy. At its first meeting here Wednesday, the government's newly-formed expert group on low carbon economy identified these area which have high carbon emissions. The group is headed by eminent economist and former Planning Commission member (energy) Kirit Parikh. "We have identified several areas with high carbon emissions. These include transport, power, cement, steel and construction. We will have... Read more.. Date : Jan 21 Source: New Kerala
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Peak power demand to widen to 12.6% this yearThe country's peak power capacity deficit is likely to widen to 12.6 per cent of the total capacity in 2010 up from 11.9 per cent last year, according to a survey findings of consultancy firm KPMG. A report compiled by the KPMG's Global Advisory Practice team titled ‘Think Bric' notes that the electricity consumption in India, currently at 600 trillion kilowatt annually, is set to double by 2020, by then it will potentially surpass Russia's consumption levels. To cater to the nearly double the current consumption capacity, the total generating capacity should jump by 90 giga... Read more.. Date : Jan 21 Source: Hindu Business Line
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India makes roadmap to achieve low-carbon growthAs the January 31 deadline to submit its emission targets under the Copenhagen Accord approaches, India today kicked-off the process to chalkout a roadmap and analyse cost to achieve low-carbon growth. "We will identify various options and scope available to reduce energy use in major carbon emission sectors such as steel, power and agriculture," economist Kirit Parikh, head of the expert group on strategies for low carbon development told reporters here after its first meeting. The Group was constituted by the Planning Commission to achieve 20-25 per cent reduction in... Read more.. Date : Jan 20 Source: Press Trust of India
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India, Hungary hold talks on civil nuclear energy cooperationIndia and Hungary, the current chair of the Nuclear Suppliers Group (NSG), on Tuesday discussed civil nuclear energy cooperation. The European country's foreign minister Peter Balazs, who is currently on an official visit to India, also backed India's claim for a permanent seat in the UN Security Council. Balazs met his counterpart S M Krishna and held talks on a range of issues from terrorism and the situation in Afghanistan to partnership in trade, investment, IT, pharmaceuticals, auto-components, energy, defence, security and agriculture. In an exclusive interview to TOI... Read more.. Date : Jan 20 Source: IndiaTimes
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IIMA's Chaos fest to go green this yearAfter taking a series of initiatives towards better understanding and awareness ofenvironmental issues, the Indian Institute of Management Ahmedabad (IIMA) seems determined not to give up chanting the hymn of going green. In its latest initiative in this direction, the institute will adopt environmental issues and the spread of their awareness as one of the core objectives of their annual cultural festival, ‘Chaos’. ‘Chaos 2010’ will teach the people of the city how to calculate carbon foot prints and what measures must be adopted to contribute in cutting down carbon emission. The... Read more.. Date : Jan 20 Source: Daily News and Analysis
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German feed-in tariff cut will be 16-17% - confirmedAfter a fair amount of digging and the much needed help of our German correspondent we can now confirm that the reports of a 16-17% cut in feed-in tariff rate for Germany were true, and the cuts are to go ahead from April 1, 2010. Several German news sources have reported that this figure is in fact authentic, not least of which the German Financial Times, Sueddeutsche. The Wall Street Journal reported that the maximum 17% cut is indeed on the cards, quoting today Economics Minister Rainer Bruederle as saying, "the German government could realistically cut between 16% and 17% of the... Read more.. Date : Jan 20 Source: PV Tech
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Govt unveils rules to boost green power investmentThe government has crafted rules for trading of certificates aimed at rewarding producers of clean energy, a move expected to boost the share of electricity from renewable sources in one of the world's top carbon polluters. India's power regulator has laid out regulations on renewable energy certificates (RECs), which can be bought by companies to meet statutory obligations to purchase a minimum level of renewable energy, the government said in a statement. "This concept seeks to address the mismatch between availability of renewable energy sources and the requirement of the... Read more.. Date : Jan 20 Source: Economic Times
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Rebooting carbon capture and storageIgnore CCS opportunities today at your peril. That was a recurring theme at the World Future Energy Summit in the United Arab Emirates today. Is carbon capture and storage (CCS) about to break out? Cited repeatedly at the World Future Energy Summit this week in Abu Dhabi (see Heads of state slam COP15, celebrate cleantech) and featured today in a day of CCS-related content at the conference, the set of technologies could find its time is soon to arrive. While marginalized to date because of high costs and technology fine tuning, speakers pointed to the maturation of... Read more.. Date : Jan 20 Source: Cleantech Group
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Hara Identified as 2010 Enterprise Carbon Accounting Emerging LeaderHara, a leading provider of environmental and energy management software, today announced it has been identified as an Emerging Leader in the Enterprise Carbon Accounting (ECA) software market by Groom Energy Solutions, a provider of renewable and energy efficiency solutions to organizations across the U.S. Of the 20 companies profiled, Hara was the only start-up added to the 2010 ECA The ECA... Read more.. Date : Jan 19 Source: PR Inside
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NTPC, NPCIL venture to kick-start soonThe joint venture between NTPC and the Nuclear Power Corporation of India Ltd. (NPCIL) for setting up a 2,000-MWe atomic power plant is likely to take shape soon. Official sources said here that the proposal had been sent to the Department of Atomic Energy (DAE) for formal approval and the project was likely to take shape in the next two to three months. NTPC and NPCIL had signed a memorandum of understanding recently to form a joint venture for setting up nuclear power projects. NTPC is in the process of setting up a joint venture company with NPCIL, where the latter would... Read more.. Date : Jan 19 Source: Hindu
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Green projects can net India $6.15 bn by 2012The national authority for Clean Development Mechanism (CDM) projects has so far approved 1,467 projects, which, if approved by its international counterpart, can net India $6.15 billion by 2012, an official spokesperson said here on Tuesday. CDM projects are carried out by developing countries to reduce carbon emissions into the atmosphere in some way -- such as saving energy or replacing a thermal by a hydel power plant. The carbon emissions saved are paid for by developed countries, which are legally obliged under the Kyoto Protocol to reduce their emissions. The... Read more.. Date : Jan 19 Source: SamayLive
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Indians Largely Unaware of Climate ChangeAlthough India has emerged as a key player in global climate negotiations, the average Indian remains unaware of climate change. A Gallup survey conducted shortly before the Copenhagen summit last month shows 32% of Indians say they know at least something about climate change, similar to awareness in previous years.
In the other countries that helped broker the Copenhagen... Read more.. Date : Jan 19 Source: Gallup
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It pays to go greenFor long, the Central Electricity Authority and experts in the power sector have been crying hoarse about the economic sense in taking up renovation and modernisation (R&M) of India's aging power plants, but to no avail. But now, environmental imperatives have given R&M a renewed sense of purpose. It is estimated that the scope for R&M extends over a capacity of 30,000 MW, against which projects taken up amount to a measly 4,000 MW. One of the reasons for the lukewarm response to R&M projects is that the plants would have to be shut for over a year—not many utilities... Read more.. Date : Jan 19 Source: Hindu Business Line
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Indian Ecology Minister Ramesh says 'I was right on glaciers' meltingIndia's Minister for Environment and Forests Jairam Ramesh Monday said “I was right on the glaciers” while maintaining that the Himalayan glaciers are "indeed" receding, which is a cause for great concern, but the view that these rivers of ice would melt down completely by 2035 due to global warning is "alarmist" and without any scientific basis. "It is a clear vindication of our position. (But) It is a serious issue. (Himlayan) glaciers are serious issues for India. Most of the Himalayan glaciers are in a poor state, but the report that suggested that the glaciers will vanish... Read more.. Date : Jan 19 Source: Earthtimes
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Global carbon emissions market could reach $1.4 trillion in 2020The growth of carbon emissions trading markets has stagnated amid the economic downturn but may reach $1 trillion in value in 2017 and could total up to $1.4 trillion yearly by 2020, according to Bloomberg New Energy Finance, a London-based research group. In a report Monday, the company finds that the market gained just 5 percent in value in 2009 to reach $127 billion, compared with 83 percent growth the prior year, and the market could even contract slightly this year. The European emissions trading market accounts for the lion's share of the activity but the report also... Read more.. Date : Jan 19 Source: Thehill.com
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India to have 6,000 MW solar power by 2017: RameshPromising action that will help curb India's dependence on coal, Environment and Forests Minister Jairam Ramesh, said India will have at least 6,000 MW of installed solar power capacity by 2017, bulk of which will be put up by the private sector. Ramesh said the Jawarharlal Nehru National Solar Mission, launched in the national capital last week, has planned 20,000 MW of solar energy by 2022 and intends to drive down costs through a rapid scale-up of capacity. "In the next two years, we are not going to see huge amounts of capacity but by the end of the 12th Five Year Plan (... Read more.. Date : Jan 19 Source: Economic Times
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A mistake over Himalayan glaciers should not melt our prioritieClimate science has suffered another blow to its credibility after it was revealed that a claim by the Intergovernmental Panel on Climate Change (IPCC) that Himalayan glaciers will probably disappear altogether in the next 25 years was wrong. It is only a matter of time... Read more.. Date : Jan 19 Source: The Guardian
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India to Offer Energy Intensity Reduction in Copenhagen AccordIndia will include its offer to cut energy intensity in the Copenhagen climate change agreement by Jan. 31, Environment Minister Jairam Ramesh said in New Delhi today. Date : Jan 18 Source: BusinessWeek
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India, Malaysia can collaborate in green technology’Malaysia has expressed its eagerness to build upon existing bilateral agreements with India in Science and Technology and was keen on expanding cooperation in bio-technology and grass roots innovation to the benefit of both countries. Sharing the views of the Ministry of Science, Technology and Innovation (MOSTI) with a group of visiting Indian journalists, Deputy Minister Fadilah Yusuf felt that both nations could share their achievements in grass roots innovation and mutually gain from it. He said with the world focus being riveted on climate change, both countries should... Read more.. Date : Jan 18 Source: Hindu
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Bihar set to join carbon credit clubThe window of carbon trading has opened a new means of earning for those cutting down on their carbon footprints. Those contributing more to the emission of green house gases, purchase carbon credits earned by those who cut down on this front. This helps in achieving the end result of bringing down the global emission level to the desirable level. Bihar too is on way to join the club of carbon credit traders. And the help has come from German agency GTZ, which would help Bihar in adopting ways for earning carbon credits and its subsequent trading. GTZ, having worldwide... Read more.. Date : Jan 18 Source: IndiaTimes
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India readies tough response to UNIrked by letters written in bad faith by the UN secretary general and the Danish PM on the Copenhagen Accord, the government has finalized a robust response. The two had written a joint letter to the government and the Danish PM had also written a separate letter. The two letters created furore within the government for attempting to rewrite the results of the recently concluded round of climate negotiations. The government believes if the attempt to subvert the decisions of Copenhagen is not nipped immediately, then they could by default22222 be turn into accepted wisdom and in... Read more.. Date : Jan 18 Source: IndiaTimes
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World misled over glacier meltdown: ReportA warning that most of the Himalayan glaciers will melt by 2035 owing to climate change is likely to be retracted after the United Nations body that issued it admitted to a series of scientific blunders. Two years ago, the Inter-governmental Panel on Climate Change (IPCC) headed by India's Rajendra Pachauri, issued a benchmark report that claimed to have incorporated the latest and most detailed research into the impact of global warming. A central claim was that world's glaciers were melting so fast that those in the Himalayas could vanish by 2035. In the last few... Read more.. Date : Jan 17 Source: Economic Times
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Give tax sops to individuals, cos investing in green tech: CIIThe government should give income tax benefits to manufacturers of solar and wind energy equipment in view of global initiatives on climate change and sustainability, industry body CII said. "The benefits of tax holiday under the Income Tax Act could be extended to undertakings engaged in the manufacturing of advanced energy efficient products, manufacturers of equipments used in solar, wind and other environment friendly resources," it said. In its recommendation for the forthcoming Budget, it also said that a tax refund should be provided equal to 150 per cent of... Read more.. Date : Jan 17 Source: IndiaTimes
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Manipur is firm on controversial Tipaimukh projectThe Manipur government is determined to go ahead with the proposed 1,500-MW Tipaimukh hydel power project that has been opposed by environmental groups and opposition parties in neighbouring Bangladesh. "No decision has been taken to abandon the project," Manipur Power Minister Phungzathang Tonsing told IANS. "The project is vital for meeting the increasing electricity demand in northeastern India," added Tonsing, who is also chairman of the North East Regional Power Committee (NERPC). Last week, Manipur Chief Minister Okram Ibobi Singh said at an NERPC meeting in Imphal that... Read more.. Date : Jan 17 Source: New Kerala
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India, Iceland to cooperate in geothermal energy developmentIndia and Iceland have agreed to have co-operation to make progress in the area of geothermal energy development and decided to explore possibilities for further strengthening of relationship, including technology transfer on deep drilling, reservoir assessment and setting up of geothermal demonstration power plants. Addressing a workshop on India-Iceland Renewable Energy, Minister for New and Renewable Energy Farooq Abdullah said Iceland being well recognised by UNESCO to provide training in geothermal energy development should consider training a group of Indian engineers and... Read more.. Date : Jan 17 Source: Hindu
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