The global cost of disasters is growing: The economic burden of disasters is intensifying. While the direct costs of disasters averaged $70–80 billion a year between 1970 and 2000, between 2001 and 2020 these annual costs grew significantly to $180–200 billion. But the real cost is far higher. Disaster costs …
The Punjab Environment Protection Department is establishing a climate change cell for offering technical advice to the stakeholders on climate change and carbon trading. EPD Director-General Shagufta Shahjehan told Dawn that since the country lagged far behind in carbon trading compared with other developing countries, the cell would help strengthen …
This presentation clarifies the concept of Clean Development Mechanism and CER. Its challenges, opportunities for CDM Projects, portfolio of India's approved CDM Projects. It also highlight about the Post 2012 CDM. This presentation is delivered by Ministry of Environment & Forests- Government of India, in South Asian media briefing workshop …
Watch Jairam Ramesh, India's minister for environment and forests briefing the journalists about India's position on climate negotiations at the South Asian Media Briefing Workshop on Climate Change, organised by CSE on August 28, 2009. This video presents the talk by Jairam Ramesh, India
The building sector has a big responsibility and role to play in combating global warming. In 2007, a United Nations Environment Programme (UNEP) report estimated that this sector, when it adopts suitable measures, can help reduce carbon dioxide (CO2) emissions by 30 per cent to 40 per cent. In absolute …
Mumbai: Optimism seems to have returned to the carbon credits market, with spot prices of certified emission reductions (CERs) or carbon credits testing the euro 13-levels. The December 2009 contracts for CERs on the European Climate Exchange are trading at around euro 12-12.5 over last month. The gap between forward …
Australian plans for a sweeping carbon trade scheme opened new divisions within the opposition parties on Friday, boosting hopes Prime Minister Kevin Rudd will win approval for his plan and avoid a possible snap election. Rudd, who remains well ahead in the polls, could have the option of an early …
European carbon emissions futures were still stuck in range-bound trade on Thursday, without much movement in either direction, traders said. Benchmark EU Allowances edged up 1 cent or 0.07 percent to 14.40 euros a ton at 1350 GMT. Volume was at 2,666 lots traded. EUA prices have been trading around …
At Copenhagen, India should clearly indicate to the US that it would not sign an unjust and inequitable treaty permitting trade sanctions against other nations and that if necessary it would exercise its right to retaliate, says Arvind Panagariya DURING her recent visit, the US secretary of state Hillary Clinton …
If we focus on clear, practical and achievable goals, major reductions in carbon emissions can be made so as to ensure that the world will fashion a radical new approach to climate change within a manageable time frame, says Tony Blair TODAY, JULY 9, THE leaders of the world
Hero Electric, Reva, Kabirdass Motor appoint consultants. Manu P. Toms Mumbai, June 30 Armed with their zero-emission claims, makers of electric vehicles are trying for carbon credits. Manufacturers of electric vehicles see considerable revenue potential as well as brand building prospects in attaining carbon credits, though the sector is at …
Dera Mandi forest is all set to earn carbon credits for Delhi Government which plans to develop 727 hectares into a zone that will help mitigate the growth in concentration of greenhouse gases. The Delhi Government
Dilip Kumar Jha / Mumbai June 03, 2009, 0:40 IST As the 2012 deadline for limiting carbon emissions under the Kyoto Protocol draws near, and with the overall market sentiment perking up, the demand for carbon emission reduction (CER), popularly called carbon credit and European allowances (EUA), have seen a …
Mumbai The closure of the 25-year-old dumping ground measuring 19.6 hectares at the Gorai creek in Borivli has earned the Brihanmumbai Municipal Corporation (BMC) Rs 27 crore by trading of an estimated 31,033 tonnes of carbon credits a year. The Asian Development Bank (ADB) has agreed to purchase the carbon …
A bigger role must be found for improving energy efficiency in any new U.N. deal aimed at reducing greenhouse gas emissions, a leading China-based project developer said on Thursday. About 200 countries are negotiating on a replacement for the Kyoto Protocol climate pact, whose first phase expires in 2012, and …
INDIA could earn up to $100 billion through trading of certified emission reductions (CERs), or carbon credits, a government official said on Wednesday.
Indian companies wait for cer price to rise COMPANIES in India that hoped to profit by investing in technologies that minimize carbon emissions are holding on to their carbon credits. The value of these credits or certified emission reduction units (cers) has fallen steeply world over. In EU, for instance, …
China should be praised for its lead role in a U.N.-backed scheme to cut carbon emissions and efforts to cap its flow of credits should be resisted, a leading British-based clean-energy project development firm said. China and its big state-owned firms have been accused of exploiting the United Nations' Clean …
