Hindustan Petroleum Corporation has reduced 4 lakh tonne of CO2 emissions annually over the past four years and ONGC is going for four Clean Development Mechanism projects to reduce 1.20 lakh tonne of carbon dioxide equivalent emissions annually.
Environment
As the Copenhagen climate change talks open next week, India pledges to cut its emission intensity by 20-25% by 2020 on a baseline of 2005.
Irrespective of the outcome of the climate change negotiations in Copenhagen, the stage is set for creation a forestry carbon market.
India’s insistence on transfer of clean technology from industrialised countries to developing countries may indicate that the country has a fixed position on fighting climate change, but in practice the country has been pursuing a multi-pronged policy.
Indian President Pratibha Patil’s visit to the UK has led to the decision to undertake a joint study with the British government on how to overcome barriers to clean technology transfer from industrialised countries to developing countries.
While most Indian CEOs are concerned about climate change, only one-third of them have a strategy in place, says a new survey.
Indias funding proposal for protection and regeneration of forests under the new global climate change agreement has got support from a new UN report, which has called for a forest carbon deal.
Kolkata has emerged as one of the five most climate vulnerable coastal cities in Asia, according to a new WWF report. Dhaka is the most vulnerable city,
Vegetarianism is emerging as a new solution to solving the climate change challenge. The latest to champion the cause is the best-known climate economist Nicholas Stern.
The issue of technology transfer from industrialised to developing countries, a contentious issue in the ongoing climate change negotiations, should be seen as a win-win situation by both blocs, say leading Indian business leaders.