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Sustainability Outlook Headlines

India opens door to climate deal, EU stuck

By Sean Maguire and Pete Harrison

NEW DELHI/BRUSSELS (Reuters) - India softened climate demands on Friday, helping bridge a rich-poor divide, but said a global deal may miss a December deadline by a few months.

In contrast, European Union states struggled to agree a common stance for financing a U.N. climate pact, meant to be agreed in Copenhagen at a December 7-18 meeting.

India wanted generous aid on advanced carbon-cutting technologies but dropped a core demand that... Read more..

Source: Reuters

India committed to sustainable National Energy Efficiency - Mr Shinde

Mr Sushilkumar Shinde union minister for power said that Government of India is committed to evolving a credible and sustainable national energy efficiency agenda to stimulate a market transformation in favor of energy efficient technologies and products. Mr Shinde informed that the impact of the policies and program of Government of India on energy efficiency, duly verified by an independent agency has shown that during 2007-08 and 2008-09, the savings in energy were about 10.7 billion kilo watt hours, equivalent to an avoided capacity addition of 2128 MW. Mr Shinde representing India... Read more..

Source: SteelGuru

Climate deal to deliver solar power to 20 million Indian households

By Dipankar De Sarkar, London, Oct 16 : India's ambitions to roll out a massive solar energy project is set to receive a strong boost as part of a climate change deal in Copenhagen at the end of the year, a senior British minister has revealed. British Energy and Climate Change Secretary Ed Miliand's comments, made to IANS, came ahead of a Major Economies Forum (MEF) meeting in London Oct 18-19, set to be attended by Prime Minister Manmohan Singh's Special Envoy Shyam Saran. Although the prospects of India being offered free green technology have receded in favour of what is... Read more..

Source: New Kerala

Resource scarcity center stage at Cleantech Forum India

Investment in India is on the rise, driven by its growing economy and dwindling resources, cleantech leaders heard in Delhi today.

The keynote at Cleantech Forum XXIV Delhi, which began today, was a call to arms for global and domestic clean technology investors and entrepreneurs.

By the year 2030, the Indian middle class is expected to swell to about 170 million people. This growth, coupled with increasing resource scarcity and significant growth in national consumption, is driving the need for strategic investment in a range of sectors, according to the opening speech of... Read more..

Source: Cleantech Group

Deloitte sees pick-up in green funding

New Delhi: Investments in the Indian clean technology sector -- solar power, wind power, advanced batteries, biofuel, etc -- are expected to pick up in the next six months, according to a study by Cleantech Group and Deloitte.

Indian cleantech firms raised $21.5 million in five investment rounds in the third quarter of 2009. That's a steep drop from the $134 million raised in the second quarter of the year, and the $185 million raised in the Q3 last fiscal.

"Opportunity in clean technology is much bigger that the IT or technology services sector as the... Read more..

Source: Daily News and Analysis

Delhi CM finds green solution to capital's woes

Delhi: The Sheila Dikshit government has come up with a green idea to solve the national capital's power and water shortage problems. It wants to convert 100 existing buildings spread over 10,000 square feet into energy-efficient ones. It had earlier pledged to host the first-ever "green" Commonwealth Games in 2010.

The Delhi government has signed a memorandum of understanding (MoU) with The Energy and Resource Institute (Teri) to "retrofit" the 100 buildings, which would include the sprawling Delhi secretariat and chief minister's house apart from other government... Read more..

Source: Daily News and Analysis

Voluntary Carbon Market Found Lacking

October 15, 2009 Voluntary Carbon Market Found Lacking Industry players in the voluntary carbon market are unhappy with the lack of meaningful emission cuts, yet voluntary emissions cuts continue to gain steam. For instance, BP is spending $2.5 million to offset its carbon emissions in Australia. Meanwhile, Brazil may set emission caps at 2005 levels. The voluntary carbon offset market is not meeting meaningful emission cuts yet, with only 34.69 million tons of retired carbon offset credits, according to attendees at a recent carbon industry... Read more..

Source: Environmental Leader

US hopes to strike climate deal with India: Report

London, Oct 15: The US is hoping to get a commitment from India to fight global warming, the Guardian newspaper reported Thursday. The Obama administration is hoping to win these new commitments from both India and China in back-to-back summits next month, it said, adding that the commitments may include India's first scheme to trade emissions of greenhouse gases that are leading to climate change. The US hopes the new commitments will breathe life into the moribund negotiations to seal a global treaty on climate change in Copenhagen in December, by setting out what action each... Read more..

Source: New Kerala

World’s Largest Solar Power Project Planned: $10 billion in Gujarat

Gujarat, a state of India, is quite eager to opt for alternative sources of energy. It started out as a small dream. The Gujarat government visualized only 500 MW of solar power generation by 2014. But this humble goal may now be increased to 3,000 MW. The Gujarat Government is undertaking a $10 billion project and it will hold the distinction of the world’s largest solar power facility in India. This project will be backed by former U.S. President Bill Clinton. The 3,000oMW project will get aid with logistics and financial support from the William J Clinton Foundation. This foundation is... Read more..

Source: Bharat Book Bureau

Biggest Obstacle to Global Climate Deal May Be How to Pay for It

As world leaders struggle to hash out a new global climate deal by December, they face a hurdle perhaps more formidable than getting big polluters like the United States and China to reduce greenhouse gas emissions: how to pay for the new accord. The price tag for a new climate agreement will be a staggering $100 billion a year by 2020, many economists estimate; some put the cost at closer to $1 trillion. That money is needed to help fast-developing countries like India and Brazil convert to costly but cleaner technologies as they industrialize, as well as to assist the poorest... Read more..

Source: New York Times

Ambitious programme on indigenous research on climate change unveile

New Delhi, Oct 14 : Exhorting the country's scientists to develop their own body of knowledge relating to climate change instead of just depending on western researches, Minister for Environment and Forests Jairam Ramesh today announced a programme of climate change fellowships for young researchers in premier institutions across India. He said this enhanced programme will be more broadbased, covering every significant aspect related to climate change, including the study of black carbon and the impact of climate change on glaciers and on rainfall patterns. ''We must create... Read more..

Source: New Kerala

Gurgaon's carbon emission 251626 tonnes per year: ICEI

The city emits a whopping 2,51,626 tonnes of CO2e per annum, with per capita CO2e emission being 2.13 tonnes, according to the project ''Roadmap of South Asian Cities and Local Governments for the post 2012 global climate agreement''.

Gurgaon was the only city from Haryana, which along with 53 other South Asian cities, participated in the initiative implemented by International Council for Environmental Initiative (ICEI), South Asia and was supported by the British High Commission, New... Read more..

Source: NetIndia123.com

Chhattisgarh insists on solar street lights in developing colonies

Raipur: Chhattisgarh government has made it mandatory to make arrangements of solar street lights in the colonies being developed in more than 200 hectares of area.

Scotland and India Sign MOU To Drive Innovation In Renewable Energy

A Memorandum of Understanding (MoU) was signed today between the Governments of India and Scotland to drive innovation in renewable energy and support both governments' goals to increase supplies of wind energy, solar power and biofuels.The agreement was signed by Mr Deepak Gupta, Secretary to the Government of India's Ministry of New and Renewable Energy, and Michael Russell, the Scottish Government's Minister for External Affairs. The MoU, which was facilitated by Scotland's international economic development agency Scottish Development International (SDI), highlights... Read more..

Source: eGov Monitor

World Bank Looks to Help Developing Nations With Carbon Capture and ...

Norway and the World Bank are in discussions over setting up a new trust fund to help developing countries create and deploy carbon capture and storage (CCS) technology.

The fund is still in the planning stages, and World Bank officials declined to discuss it beyond acknowledging "expressions of interest" with an unnamed bilateral donor. Norwegian ministry officials also could not be reached yesterday for comment.

But think tanks, nonprofits and industry groups familiar with the proposal said Norweigan leaders first publicly floated the plan at a Sept. 14 World Bank workshop... Read more..

Source: New York Times

UP's rural banks to provide loans to spur use of solar lighting

Rural banks will provide a loan of Rs10,000 to every home using solar lighting system at an interest rate of five per cent, which will be payable in instalments of Rs250 each over a period of five years, a spokesman of Non-Conventional Energy Development Authority said here.In the current fiscal, a target of providing loan of Rs1lakh for solar lighting had been fixed, he said.Under the scheme, three branches of a bank showing good performance in loan disbursement in this area will get cash reward between Rs3-10lakh, the spokesman said.He said the villages, where all the dwellings start... Read more..

Source: Daily News and Analysis - http://www.dnaindia.com/money/report_up-s-rural-banks-to-provide-loans-to-spur-use-of-solar-lighting_1298098

India And UK To Co-Operate On Solar Research

The Indian government along with its UK counterpart, through Indian Institute of Technology (IIT) and British Universities respectively, will jointly research on solar energy, the Times of India reported. Both the governments will fund the project. A two-day conference was held for the same at the Royal Academy of Engineering in London on September 28 and 29, 2009. At the conference, representatives of IIT were interacting with Oxford, Cambridge and Sheffield Universities counterparts. The joint research plans come at a time when the Indian government is to launch the national solar... Read more..

Source: Energy Business Review - http://www.energy-business-review.com/News/india_and_uk_to_cooperate_on_solar_research_091012/

The Carbon Disclosure Project 2009, Asia ex-Japan Report

The Carbon Disclosure Project 2009, Asia ex-Japan Report, authored by the Association for Sustainable and Responsible Investment in Asia (ASrIA), reported a double increase in the number of companies reporting their corporate greenhouse gas emissions data, from 61 last year to 127 this year.

Carbon Disclosure Project

Founded in 2000, The Carbon Disclosure Project (CDP) represents about 475 global institutional investors with more than US $55 trillion in assets under management. CDP... Read more..

Source: Green Business Times

Ahmedabad has lowest carbon emission: Study

AHMEDABAD: Here is some news to rejoice. The city's carbon dioxide and green house emissions that lead to global warming are way below the national

 

average according the International Council for Local Environmental Initiatives (ICLEI).

In a study conducted in 2007-08, of the 40 cities in the... Read more..

Source: Times of India

Manmohan for integrated approach by Indian ministries to climate change

NEW DELHI: Prime Minister Manmohan Singh on Tuesday cautioned against compartmentalised thinking among various ministries concerned with climate change and suggested an integrated approach to capacity building in this sector.

Chairing a meeting of the National Council on Climate Change to give shape to the National Mission on Strategic Knowledge for Climate Change – one of the eight missions of the National Action Plan on Climate Change – Dr. Singh said it was important to develop skills, knowledge and capacities in the science of climate change.

Dr. Singh said it was... Read more..

Source: Hindu

World needs big drive for carbon capture: IEA

LONDON (Reuters) - The world needs to build 100 major projects for capturing and burying greenhouse gases by 2020 and thousands more by 2050 to help combat climate change, the head of the International Energy Agency said on Tuesday.

Nobuo Tanaka said the drive, mostly to capture emissions from coal-fired power plants, would cost $56 billion by 2020 alone. Carbon capture funding could be a key part of a new U.N. climate treaty due to be agreed in Copenhagen in December.

"We will need 100 large scale projects by 2020, 850 by 2030 and 3,400 in 2050," Tanaka told energy ministers... Read more..

Source: Reuters - http://www.reuters.com/article/GCA-GreenBusiness/idUSTRE59C1ET20091013

Govt says aims for green GDP alternative by 2015

NEW DELHI (Reuters) - India aims to factor the use of natural resources in its economic growth estimates by 2015, the environment minister said on Tuesday, as New Delhi seeks to underscore the actions it is taking to fight global warming.

The stand is likely to strengthen India's stance at crucial negotiations in Copenhagen in December on a treaty to succeed the Kyoto Protocol, which obliges 37 rich nations to cut emissions by an average of 5 percent below 1990 levels by 2008-12.

India is under no obligation to cut emissions but says it is taking unilateral domestic actions... Read more..

Source: Reuters India - http://in.reuters.com/article/businessNews/idINIndia-43128120091013

India to coordinate climate research (Lead)

New Delhi, Oct 13 (IANS) The National Council on Climate Change met here Tuesday to discuss the setting up of a network of institutions for mutual exchange of knowledge on climate change. The Prime Minister chaired the meeting meant to give shape to the National Mission on Strategic Knowledge for Climate Change (NMSKCC). Manmohan Singh underlined the importance of developing indigenous skills, knowledge and capacities in the science of climate change, a government spokesman said. In particular, the prime minister stressed: “As we find ourselves having to engage with the global community on... Read more..

Source: Thaindian.com - http://www.thaindian.com/newsportal/sci-tech/india-to-coordinate-climate-research-lead_100260186.html

India’s solar industry eyes huge rural opportunity

I was at ICORE 2009, a renewable energy conference organized by Solar Energy Society of India (SESI). This year’s focus: Renewable Energy for Rural Development.   I heard industry leaders talk passionately about potential for solar to truly bring electricity to rural communities and catalyze grassroots social and economic development. Plenty of discussion circled around industry’s demand for adequate support, recognition of its potential, “leveling the playing field”  and inclusion on policy discussions.... Read more..

Source: Cleantech India

Report: Is CCS an option for India?

A new report from researchers at the Universities of Surrey and Edinburgh looks at whether carbon capture and sequestration (CCS) technologies could help India cut down its carbon dioxide emissions, and how they could be developed and deployed.

Despite the potential for CCS technologies, coal is expected to remain the dominant energy source in India through at... Read more..

Source: Cleantech Group
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