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Shravya Reddy’s Blog

India Climate Change and Energy News - Week of September 28, 2010 to October 4, 2010

Shravya Reddy

Posted October 8, 2010

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Climate Change

India is World’s Third Largest Carbon Emitter

“India is now world's third biggest carbon dioxide emitting nation after China and the US. The new emission data from the United Nations is a probable cause of worry for India's climate negotiators at the next round of talks that started in Tianjin in China on Monday, where rich countries are expected to ask India and China to take legally binding emission cuts after 2012, when present global climate treaty expires…. The data prompted Environment minister Jairam Ramesh to comment that the country cannot afford to strive for high economic growth and rise in carbon emissions. ‘We will unilaterally, voluntarily, move on a low-carbon growth path. We can't have 8-9 percent GDP growth and high-carbon growth,’ news agencies quoted Ramesh saying at the sidelines of an environment meet in Kathmandu…. Ramesh, first to comment on India's position, said India's rush for wealth could not come at the expense of the environment. ‘It’s to be low-carbon 8 percent, 9 percent growth and that is the objective that we have set for ourselves,’ he said.”

(The Hindustan Times, 10/4/10)

India Holds Important Stake in International Negotiations on Climate Change, Says Krishna

“Addressing the United Nation General Assembly, Krishna while speaking on the issue of climate change in his speech said: ‘As a country vulnerable to and already suffering from the impacts of climate change, India has an important stake in the success of ongoing international negotiations to address climate change.’ Mentioning that a framework to guide our action has been painstakingly built around the UN Framework Convention and its Kyoto Protocol, along with the roadmap laid out in Bali three years ago, Krishna said, ‘It was time for the international community to display political vision and perseverance - to follow through and ensure that whatever we do must enhance, and not diminish, the spirit and substance of these important international agreements.’”

(Sify, 9/29/10)

India Commits to Help Smaller Neighbours Cope with Climate Change

“Aware of the need to work together, India has committed to help its smaller neighbours cope with effects of climate change. Stressing that there is no rift with neighbours on the issue, Minister of State for Environment and Forests Jairam Ramesh told on Monday that India would do its bit to help others in capacity building exercises…. Ramesh stated that the process to help nations like Nepal, Bhutan, Bangladesh and Maldives to build or strengthen existing institutions working on climate change issues has already begun.”

(The Hindustan Times, 10/4/10)

Tech Companies are Keen to Show Businesses, Across Sectors, How to Walk Without Leaving Big Carbon Footprints

As customers warm up to the reality of climate change, Indian IT firms see a huge market opening up for innovative technology solutions that help reduce carbon footprint. Clients are looking to reduce the carbon intensity of existing processes by deploying newer technologies and applications. IT companies can enable energy efficiency by offering both software and services, reveals McKinsey analysis…. While no specific numbers are available on the market size, industry estimates suggest that globally the IT industry has the potential to reduce Green House Gas (GHG) emissions by 15 per cent by 2020, translating into economic benefits of $600 billion.”

(The Hindu Business Line, 10/4/10)


US and India are Natural Partners: Todd Stern

“With the crucial climate change summit upcoming in Cancun in Mexico, US special envoy Todd Stern has emphasised on the enhanced cooperation between American and India on the issue…. ‘Already we are engaged in very constructive efforts with regard to technology at the bilateral level. We also have potential at the multilateral level – to build on the progress we made last year at Copenhagen,’ Stern said in his remarks at the US-India Energy Partnership Summit 2010 organised by The Energy and Resources Institute, North America, the Yale University and US-India Business Council…. One notable example of Indo-US bilateral cooperation clean energy is the new US-India partnership to advance clean energy, which was launched last year in November during the Washington visit of Prime Minister Manmohan Singh.”

(The Hindustan Times, 9/30/10)

US-India Energy Partnership Summit

“The summit themed “Technologies and Policies for Energy Security” was co-convened by Yale University with support from the US-INDIA Business Council (USIBC) and drew over 200 participants from government, industry, think tanks, academia, banks and the finance sector…. Soon after the U.S.-India Energy Summit in 2009, President Obama and Prime Minister Singh signed a memorandum of understanding that included a U.S.-India Green Partnership, and recently, in June 2010, the two countries held the inaugural round of the U.S.-India Strategic Dialogue. This year’s Summit, again like last year’s Summit comes at a crucial time when both countries are looking forward to ink new cooperation agreements as they face unique yet related challenges, and there are clear areas of synergy that can be identified for bilateral cooperation.”

(EFY Times, 10/2/10)

Scheme to Raise Energy Efficiency Underway

“The World Bank in conjunction with the Small Industries Development Bank of India and the Bureau of Energy Efficiency (BEE) is implementing an initiative on financing energy efficiency in MSME industrial clusters to improve energy efficiency and reduce Green House Gas (GHG) emissions from MSMEs, utilising increased commercial financing…. The initiative envisions supporting five clusters – Kolhapur, Pune, Tirunelveli, Ankleswhar and Faridabad – through provision of assistance for completion of energy audits, preparation of detailed project reports (DPRs) and support in mobilisation of finance from Indian commercial banks to ensure that the identified energy efficiency measures are implemented.”

(Business Standard, 9/28/10)

Indian Poor May Support $2 Billion Clean-Energy Market, Study Says

“A $2 billion-a-year market for clean-energy products such as solar-powered lanterns may exist among India’s rural poor who want dependable, energy-efficient devices, according to a bank-funded report…. The poor who live outside cities and comprise 60 percent of the nation’s 1.2 billion people already spend $4.8 billion a year on fuels like firewood and dung for energy for lack of better, more reliable alternatives, said the report supported by the ICICI Foundation whose main donor is ICICI Bank Ltd., India’s second-largest bank.”

(Bloomberg, 9/28/10)

Environmental Compliance and Governance

India to Have Green National Accounting System in Five Years

“India expects to put in place in five years a system of green national accounting that would take into account the environmental costs of development and reflect the use of precious depletable natural resources in the process of generating national income. ‘In the last few months, I have tried to set the ball rolling so that by 2015 at least we can have a system of green national accounting,’ Union Minister of State for Environment and Forests Jairam Ramesh said…. ‘Ideally, if we can report both gross domestic product and green domestic product, we will get a better picture of the trade-offs involved in the process of economic growth’, the Minister added.”

(The Hindustan Times, 9/28/10)

Fresh Blow to Vedanta’s Green Credentials

“But the spotlight shifted back to Vedanta's chequered environmental record on Wednesday after Sterlite Industries, Vedanta’s local subsidiary, was ordered to shut its Tuticorin copper smelter for flouting rules in a sensitive coastal area…. The judges found that the smelter was emitting noxious air pollution, that hazardous effluent was seeping into the groundwater and the plant site was “severely polluted.”

(The Financial Times, 9/29/10)

(Prepared by Anubhav Gupta, Program Assistant)

Note: The linked articles and excerpts in this post are provided for informational purposes only and do not necessarily reflect the views or positions of the India Initiative or of the Natural Resources Defense Council. 

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