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 …
Oil exploration and production companies are counted among the bad boys when it comes to environmental damage. Perhaps to undo that image, especially in the year of BP
The study describes and discusses in detail how four CDM reform alternatives, namely discounting of emission reductions, ambitious baselines, purchase and cancellation of CERs and reinvestment of CER levies, could be integrated in a Post-2012 climate regime. The study assesses these alternatives, according to their impacts on GHG emission reductions, …
Hubli: The South Western Railway (SWR) proposes to harness wind energy as part of its clean energy policy. The Railways plans to generate 10.5 MW by setting up a wind mill unit at an estimated cost of Rs 65 crore. Speaking at a seminar on
TWO months away from the year-end UN climate summit in the Mexican resort town of Cancun, countries appear to have given up the idea of a binding climate treaty this year. The focus now is on narrowing down differences and providing the framework for an agreement, perhaps in South Africa …
Distribution Cos Need To Replace 6% Capacity With Renewable Energy Gouri Agtey Athale PUNE FIRST it blended green fuel into petrol. Now, the government wants green power blended into electricity to light up our homes, offices and factories. Energy distribution companies have to replace 6% of their total quantity with …
A United Nations panel will give clean energy project auditors three weeks to study a proposal to make them liable for over-issuing Kyoto carbon offsets, according to a webcast of a panel meeting on Thursday. An executive board meeting of the U.N.'s Clean Development Mechanism (CDM) draws to a close …
RASHME SEHGAL NEW DELHI UNFCC top boss Christiana Figueres on a day-long visit to New Delhi admitted that there was a strong need to develop clarity and flexibility in the Clean Development Mechanism (CDM) for carbon trading.
Rajesh Bhayani / Mumbai September 8, 2010, 0:40 IST Market pricing becomes uncertain after UN probe into data laundering. Prices of carbon credit certificates on the European climate exchange have risen after the regulator disallowed credits from greenhouse gas HFC-23 from a number of projects. Credits from such projects account …
The Direct Taxes Code (DTC) Bill has said that dealings in carbon credit will be taxable under the new regime. The income through such transactions will attract 30 per cent corporate tax.
Rajesh Bhayani / Mumbai July 08, 2010, 0:00 IST Indication of deeper emission cuts in EU countries by 2020 led to the increase. The carbon credit market has revived, with prices of carbon emission reduction certificates (CER) up nearly 20 per cent over last month on expectation that Europe would …
New Delhi: The finance ministry has mined data of Indian companies that have not been paying tax on the income earned by selling their carbon credits or certified emission reductions (CER). These entities are likely to face penal action once a case of tax evasion is established against them. They …
Taxmen Get Active As Scrutiny Reveals Many Listed Cos Not Including Carbon Credits In Their Income While Calculating Tax Deepshikha Sikarwar NEW DELHI Corporate earnings from trading in certified emission reduction or carbon credits has caught the eyes of income tax department. Tax authorities plan to closely look at companies …
Singapore/New Delhi: Developers of Indian clean-energy projects have winnowed down a stockpile of UN-backed carbon offsets, but are in no rush to sell the remainder as they hold out for higher prices. Industry sources put the outstanding stockpile at up to 10 million tonne, equivalent to about a month’s issuance …
NEW DELHI: On the eve of World Environment Day on Friday, the Municipal Corporation of Delhi claimed that it had become the first civic body in the country to win carbon credit through its municipal solid waste compost plant at Okhla in South Delhi. According to the civic body, an …
New Delhi: Municipal Corporation of Delhi (MCD) has earned carbon credits worth Rs 5 lakh against net carbon emission reduction (CER) achieved by making Okhla compost plan functional. This makes MCD the first civic agency in the country that has earned carbon credits. An MCD official said,
June 4: The MCD on Friday got a cheque of Rs 5 lakhs in connection with carbon emission reduction (CER) for its solid waste compost plant at Okhla. The MCD claimed that it was the first civic body in the country to have earned carbon credit ratings. Also, it is …
