You are here

Sustainability Outlook Headlines

India to set non-binding emissions targets: minister

India said Thursday it was ready to set itself non-binding targets for cutting carbon emissions in a bid to shed its image as an intransigent polluter ahead of UN climate change talks in December. "We are already taking a number of actions that will ...

Source: Space Daily - http://www.spacedaily.com/2006/090917121056.l61wfuvy.html

Indian firms shy away from trading carbon credits

Bangalore: India is the second largest generator of environment friendly projects for carbon emission reductions, but still the Indian companies hesitate to generate monetary benefits through trade. India comes after China in terms of generating low carbon credit by introducing low polluting technologies.

Source: Silicon India - http://www.siliconindia.com/shownews/Indian_firms_shy_away_from_trading_carbon_credits_-nid-61134.html/1/1

Finance groups demand tough climate targets

Some of the biggest names in finance called on governments on Wednesday to strike a tough deal on emissions reductions in Copenhagen this December, in an effort to boost investment into climate change. The investors, with a combined $13,000bn in assets under management, demanded higher commitments on emissions reductions than nations are likely to agree. Signatories include investors such as HSBC, Hermes, ING... Read more..

Source: Financial Times - http://www.ft.com/cms/s/0/040577c6-a317-11de-ba74-00144feabdc0.html

Insight on India, a global view at URI

SOUTH KINGSTOWN — For anyone who attempts to predict the direction of global politics, not to mention global warming, British journalist and author Edward Luce offers this advice: look to India. Speaking before an audience of nearly 600 on Tuesday ...

Source: Providence Journal - http://www.projo.com/news/content/HONORS_COLLOQUIUM_09-17-09_BQFOBAR_v155.338649e.html

Change on climate: India ready to quantify cuts

In a significant shift in its stand ahead of the Copenhagen meeting, India has, for the first time, said reduction of its greenhouse gas emissions is as much a part of its climate change strategy as adaptation efforts, and that it is even ready to quantify the emission cuts it is prepared to take over a period of time.
The quantification — a big no-no until now— would, however, be only indicative, not absolute. The Indian Express has learnt that the government is even ready with a draft legislation to suggest “broadly indicative” pathways that it would like to take on carbon... Read more..

Source: Indian Express - http://www.indianexpress.com/news/change-on-climate-india-ready-to-quantify-cuts/518156/

Climate smart’ world within reach: World Bank report

‘Climate smart’ world within reach: World Bank report

* Report says geography, high levels of poverty, population density leave South Asian countries particularly vulnerableStaff ReportISLAMABAD: The global climate problem can be solved, achieving a “climate smart” world, if developed countries are willing to invest $100-$700 billion annually to convert the energy into “clean energy”, a World Bank report has stated.World Development Report 2010: Development and Climate Change — released by the World Bank ahead of meetings in Copenhagen on climate change in December — states that... Read more..

Source: Daily Times - http://www.dailytimes.com.pk/default.asp?page=2009\09\17\story_17-9-2009_pg7_6

Global investors call for binding climate policy

NEW YORK, Sept 16 (Reuters) - Banks, pension funds and
other investment groups representing more than $13 trillion in
assets called for a strong global agreement on climate policy
on Wednesday, saying it would lead to a flood of investment
into the low-carbon economy.

Source: The Guardian - http://www.guardian.co.uk/business/feedarticle/8711502

India will achieve its HFC phase-out target: Ramesh

New Delhi, Sep 16 : Minister of State for Environment and Forests Jairam Ramesh today said India was committed to meeting the target of phasing out ozone-depleting Hydro chloroflourocarbons (HFCs) by 2030 to 2040 and asked the sectors dependent on these substances to find alternatives.

''I know that it is a difficult task ahead for all of us. However, going by our history of Montreal Protocol achievements and the rich technical expertise available in our country, I am sure we can meet this challenge,'' he said at a function organised by the Ministry on the occasion of International... Read more..

Source: New Kerala - http://www.newkerala.com/nkfullnews-1-113206.html

World Bank says action against climate change must start 'now'

London, September 16 (ANI): The World Bank has determined that climate change will be a serious barrier to growth in poorer nations and must be curbed now. According to a report by BBC News, the bank's World Development Report (WDR) urges a rapid ...

Source: Newstrack India - http://www.newstrackindia.com/newsdetails/123100

US praises India, China for taking action on climate change

The Obama Administration today praised India along with China, Brazil and South Africa for taking action on climate change and recognising the seriousness of the global problem. "The good news is that the major developing countries have started ...

Source: Hindustan Times - http://www.hindustantimes.com/world-news/world/US-praises-India-China-for-taking-action-on-climate-change/Article1-452563.aspx

Chevron, Exxon, Shell Agree to Build Gorgon LNG Plant (Update1)

Sept. 14 (Bloomberg) -- Chevron Corp. and its partners in
Australia’s Gorgon natural-gas project agreed to go forward with
a development forecast to make A$300 billion ($258 billion) in
sales to China, India and Japan in its first 20 years.
The project’s first phase will cost A$43 billion, with work
to start immediately on a liquefied-natural-gas plant on the
Barrow Island nature reserve off Australia’s northwest coast,
according to a statement... Read more..

Source: Bloomberg - http://www.bloomberg.com/apps/news?pid=20601080&sid=aySpwMUm46PM

India, Denmark hold discussions on climate change, COP-15

New Delhi, Sep 11 : India and Denmark today held discussions on a new global treaty on climate change that hinges on China and India agreeing to limit their carbon-dioxide emissions.

Visiting Danish Prime Minister Lars Loekke Rasmussen held discussions with his Indian counterpart Manmohan Singh to enlist India's support on climate change ahead of the Copenhagen Conference being organised from December 7-18.The Indian and Danish Prime Ministers discussed ''issues related to Climate Change and the upcoming COP-15 conference on Climate Change in Copenhagen,'' a senior official of the... Read more..

Source: New Kerala - http://www.newkerala.com/nkfullnews-1-110404.html

Danish PM to discuss climate change during visit to India

New Delhi, Sep.10 (ANI): The Prime Minister of Denmark, Lars Loekke Rasmussen, will arrive here on Friday on a daylong working visit to India to speed up negotiations on a climate deal ahead of a key summit to be held in Copenhagen between December 7 and 18.
Rasmussen will meet with his Indian counterpart Manmohan Singh and the UN’s top climate scientist Rajendra Pachauri, who is chairman of the Intergovernmental Panel on Climate Change (IPCC).
Rasmussen will meet with Dr. Singh at Hyderabad House at 12 p.m. The two sides will have delegation-level talks after which an... Read more..

Source: Thaindian.com - http://www.thaindian.com/newsportal/india-news/danish-pm-to-discuss-climate-change-during-visit-to-india_100245608.html

India among most vulnerable to climate change: World Bank

South Asian countries, in particular India, are among the most vulnerable parts of the world to be badly hit by climate change, a World Bank report said today. The 'World Development Report 2010: Development and Climate Change', which was released by ...

Source: Hindustan Times - http://www.hindustantimes.com/india-news/europe/India-among-most-vulnerable-to-climate-change-World-Bank/Article1-454351.aspx

India ‘could halve emissions by 2030’

India could lower its expected carbon emissions by up to half by 2030 through heavy investment in energy efficient technologies in the power, transport and agricultural sectors, a study has said.The paper, by consultants McKinsey and Company, argues that an assault on carbon emissions could disproportionately benefit India compared with other countries, by reducing its dependence on foreign oil imports and giving it an edge in green technologies.

Source: Financial Times - http://www.ft.com/cms/s/0/9843f400-9d20-11de-9f4a-00144feabdc0.html

EU farm chief says sector needs help to cut carbon

var storyKeywords = "";
var RTR_ArticleTitle = "EU farm chief says sector needs help to cut carbon";
var RTR_ArticleBlurb = " VAXJO, Sweden (Reuters) - Europe's farmers must help cut its greenhouse gas emissions by at least 20 percent by 2020, through producing biomass and storing carbon in the soil, but they will need help or risk ruin, the EU farm chief said. ...";

Source: Reuters India - http://in.reuters.com/article/worldNews/idINIndia-42469120090915

Birds tend to move in response to unfavorable climate

Washington, September 15 (ANI): A new study by biologists at the University of California, Berkeley, has determined that if the climate is not quite right, birds will move rather than stick around and sweat it out. The findings reveal that 48 out of ...

Source: Newstrack India - http://www.newstrackindia.com/newsdetails/122923

Climate change,developing nations most vulnerable

NEW YORK (Commodity Online): Climate change could cost nations upt 19% of their GDP by 2030 with developing countries most vulnerable. A report from the Economics of Climate Adaptation Working Group said that cost effective adaptation measures already exist that can prevent between 40 and 68 percent of the expected economic loss with even higher levels of prevention possible in highly target geographies. The report, titled "Shaping Climate-Resilient Development", offers a comprehensive and replicable methodology to determine the risks that climate change imposes on economies. It provides a... Read more..

Source: Commodity Online - http://www.commodityonline.com/news/Climate-changedeveloping-nations-most-vulnerable-21174-3-1.html

Deal signed for biggest gas project

PERTH - The last formalities have been completed, clearing the way for the world's biggest gas project to proceed off Western Australia's Pilbara coast. Gorgon joint venture leader Chevron Corporation and partners ExxonMobil and Shell yesterday announced their final investment agreement on the $43 billion liquefied natural gas project. This follows federal and WA Government approval for Australia's largest single resources operation, which has already secured LNG contracts totalling $145 billion from buyers in China, Japan, India and South Korea. Over the next 30 years, it is expected to... Read more..

Source: Tasmanian Examiner - http://www.examiner.com.au/news/local/news/economy-business-it-finance/deal-signed-for-biggest-gas-project/1623362.aspx

US Senate pressed on emissions curbs

The US Senate must act quickly to pass carbon emission-curbing legislation if Washington expects large polluters such as China and India to cut their emissions, President Barack Obama’s special envoy for climate change said
on Thursday.With three months until United Nations talks in Copenhagen to negotiate a new international climate treaty, the US Senate is coming under increasing pressure to pass emission-limiting legislation.

Source: Financial Times - http://www.ft.com/cms/s/0/bbd4d21e-9e5f-11de-b0aa-00144feabdc0.html

India To Be Most Energy-Efficient Economy: Report

(RTTNews) - A report of U.S.-based McKinsey and Company on "Environment and Energy Sustainability Report For India" showed that in spite of a 7.5% growth over the two decades, the country would remain the most energy-efficient economy in the world ...

Source: RTT News - http://www.rttnews.com/Content/AllEconomicNews.aspx?Node=B2&Id=1062691

Danish PM to India to speed up climate talks

Danish Prime Minister Lars Loekke Rasmussen visits India on Thursday in a bid to speed up negotiations on a climate deal ahead of a key summit in Copenhagen in December, his office said. Rasmussen's three-day trip will include meetings with his ...

Source: Terra Daily - http://www.terradaily.com/2007/090909102832.ucl1o4az.html

Danish PM to nudge India on global climate deal

New Delhi, Sep 9 : With less than three months to go for the Copenhagen conference on climate change, Danish Prime Minister Lars Lokke Rasmussen comes here on a day-long visit Friday to enlist India's support for a new global deal to slash carbon emissions.

Rasmussen, one of Denmark's youngest prime ministers, will hold talks with his Indian counterpart Manmohan Singh on a wide range of issues, including global financial crisis and issues relating to global warming and green technologies. The two leaders will also discuss initiatives to expand economic and energy ties between India... Read more..

Source: New Kerala - http://www.newkerala.com/nkfullnews-1-108603.html

Cities trap more CO2 than rain forests

Washington, September 9 (ANI): A surprising new study has found that cities trap more carbon dioxide (CO2) than rain forests. According to a report in National Geographic News, compared with tropical rain forests, cities store more carbon, acre for ...

Source: Newstrack India - http://www.newstrackindia.com/newsdetails/121853

ADB to ‘Scale Up’ Clean-Energy Investments, Fund Manager Says

By Dinakar Sethuraman

Sept. 9 (Bloomberg) -- The Asian Development Bank, which
has committed about $375 million to clean-energy funds, plans to
“scale up” spending on pollution-reduction projects in Asia as
developers struggle to borrow in a recession, an official said.
The bank may complete investing the remaining portion of
the $155 million Asia-Pacific Carbon Fund by this year, said
Josh Carmody, manager of the fund and a senior project
specialist at ADB... Read more..

Source: Bloomberg - http://www.bloomberg.com/apps/news?pid=20601072&sid=av_zyEGmkx_4
CSV