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	<title>The Energy Business - India Energy News, Nuclear Energy News, Renewable Energy News, Oil &#38; Gas Sector News, Power Sector News &#187; Climate Change</title>
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	<description>Connect &#62; Decode &#62; Energise</description>
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		<title>Coalition growing for new deal on greenhouse gas cuts</title>
		<link>http://energybusiness.in/coalition-growing-new-deal-greenhouse-gas-cuts/</link>
		<comments>http://energybusiness.in/coalition-growing-new-deal-greenhouse-gas-cuts/#comments</comments>
		<pubDate>Fri, 09 Dec 2011 06:47:43 +0000</pubDate>
		<dc:creator>renjiniv</dc:creator>
				<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[News-home]]></category>
		<category><![CDATA[Green Gas Emission]]></category>

		<guid isPermaLink="false">http://energybusiness.in/?p=12242</guid>
					<content:encoded><![CDATA[<p><a href="http://img.energybusiness.in/greenhouse-gas-emission1.jpg"><img class="alignleft size-full wp-image-12243" title="greenhouse gas emission" src="http://img.energybusiness.in/greenhouse-gas-emission1.jpg" alt="" width="127" height="84" /></a>Rich and poor nations at climate change talks are lining up behind an EU plan for achieving a global pact on cutting greenhouse gas emissions by 2015, under pressure to reach some kind of a deal before Friday&#8217;s planned end to the UN meeting.</p>
<p>Analysts expect at least a political agreement to be reached when the two weeks of talks wind up, with countries promising to start deliberations on a new regime of binding cuts in the gases blamed for global warming and environmental devastation.</p>
<p>Anything less would qualify the United Nations negotiations in the South African city of Durban as a disaster, they say. The European Union plan envisages a new deal reached by 2015, and put into effect by 2020, imposing binding cuts on the world&#8217;s biggest emitters of the heat-trapping gases.</p>
<p>In Durban the two issues for the negotiators from nearly 200 countries are finding a way of updating the Kyoto Protocol, the only global pact that enforces carbon cuts, and raising funding needed to help poor countries tackle climate change.</p>
<p>Key to any greenhouse gas deal will be China, the United States, India and Brazil &#8211; the world&#8217;s largest emitters which are not bound by the cuts regime in the Kyoto Protocol. &#8220;We are seeing convergence and that&#8217;s what we need to achieve the outcome that we want to have,&#8221; Brazil&#8217;s chief negotiator, Luiz Alberto Figueiredo, told a news briefing on Thursday.</p>
<p>Three U.N. reports released in the last month show time is running out to achieve change. They show a warming planet will amplify droughts and floods, increase crop failures and raise sea levels to the point where several island states are threatened with extinction.</p>
<p>South African President Jacob Zuma has said Durban will be a failure if a Green Climate Fund, designed to help poor nations tackle global warming and nudge them towards a new global effort to fight climate change, is not put into force.</p>
<p>A group of 48 of the least developed countries has said it backs the European plan for a firm timetable, joining African nations and 43 small island states. Japan has said it shares &#8220;common ground&#8221; with Europe while Canada and several other developed countries have shown their support. The EU, Japan and others have said that any deal that does not include all major players would not nearly be enough to head off a global problem.</p>
<p>The United States has said it will make its emissions cuts binding under an international agreement only if China and other developing countries that are big polluters back their commitments with equal legal force.</p>
<p>If the discussions hold to form, envoys will extend discussions and release their decisions on Saturday. &#8220;These negotiations are running around in circles. If we don&#8217;t act now, some of us will die,&#8221; said Karl Hood, Grenada&#8217;s minister of foreign affairs and chairman of the 43-member Alliance of Small Island States.<br />
<em>Agencies</em></p>
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		<title>US $20 trillion for climate change action</title>
		<link>http://energybusiness.in/20-trillion-climate-change-action/</link>
		<comments>http://energybusiness.in/20-trillion-climate-change-action/#comments</comments>
		<pubDate>Tue, 25 Oct 2011 08:06:38 +0000</pubDate>
		<dc:creator>renjiniv</dc:creator>
				<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[News-home]]></category>
		<category><![CDATA[found allocation for climate change]]></category>
		<category><![CDATA[investments in climate change]]></category>

		<guid isPermaLink="false">http://energybusiness.in/?p=11377</guid>
					<content:encoded><![CDATA[<p><a href="http://img.energybusiness.in/climate-change3.jpg"><img class="alignleft size-full wp-image-11378" title="climate change" src="http://img.energybusiness.in/climate-change3.jpg" alt="" width="100" height="150" /></a>285 top investors who represent US $20 trillion in assets pushed leaders of the world to take urgent climate change and clean energy action in a letter last week. The 2011 Global Investment Statement on Climate Change starts out with the intro (which is then followed by domestic policy recommendations and international policy recommendations):</p>
<p>Climate change presents major long-term risks to the global economy and to the assets in which we invest. At the same time, well designed and effectively implemented long-term climate change and clean energy policy (“investment-grade policies”) will not only present signiﬁcant opportunities for investors in areas such as cleaner and renewable energy, energy efﬁciency and decarbonisation, but will also yield substantial economic beneﬁts including creating new jobs and businesses, stimulating technological innovation, and providing a robust foundation for economic recovery and sustainable long-term economic growth.</p>
<p>In the Cancun Agreements in 2010, governments agreed to reduce global greenhouse gas emissions so as to hold the increase in global average temperature below 2 degrees Celsius. To achieve this goal, massive investment in low-carbon energy will be required. For example, in its 2010 World Energy Outlook, the International Energy Agency (IEA) has forecast that USUS $13.5 trillion (or some USUS $500 billion per year) in clean energy investment and spending, in addition to the commitments that have already been made by governments, will be needed between 2010 and 2035.</p>
<p>With data from the IEA indicating that global energy-related emissions of carbon dioxide (CO2) in 2010 were the highest on record, it is clear that the need for action is urgent. However, current levels of investment in low-carbon technologies fall far short of what is needed. Private investment will only ﬂow at the scale and pace necessary if it is supported by clear, credible and long-term policy frameworks that incentivise investments in low-carbon technologies rather than continuing to favour carbon-intensive energy sources. Therefore, as we approach the United Nations Framework Convention on Climate Change (UNFCCC) Seventeenth Conference of the Parties (COP-17) in Durban, South Africa, in November-December 2011, we wish to reiterate the calls we have made in previous Investor Statements about the importance of both domestic and international climate change policy in catalysing the required levels of investment needed to transition to a low-carbon economy, and to outline the elements of “investment-grade climate and energy policy” necessary to attract large scale investment in solutions to climate change.</p>
<p>Yes, there’s money in a clean energy transition. And there are jobs in a clean energy transition. And a clean energy transition would save the world tremendously in averted disaster and destruction. The technology is ready and urgent action is needed.</p>
<p>All of this is painstakingly clear to CleanTechnica readers, I think, so there is nothing new there. But it’s nice to hear that investors with US $20 trillion in assets are telling our world leaders that!<br />
<em>Clean Technica</em></p>
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		<title>Committed to low carbon growth in power sector: Shinde</title>
		<link>http://energybusiness.in/committed-low-carbon-growth-power-sector-shinde/</link>
		<comments>http://energybusiness.in/committed-low-carbon-growth-power-sector-shinde/#comments</comments>
		<pubDate>Thu, 20 Oct 2011 07:54:01 +0000</pubDate>
		<dc:creator>renjiniv</dc:creator>
				<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[News-home]]></category>
		<category><![CDATA[Power]]></category>
		<category><![CDATA[carbon emission]]></category>
		<category><![CDATA[Sushilkumar Shinde]]></category>

		<guid isPermaLink="false">http://energybusiness.in/?p=11332</guid>
					<content:encoded><![CDATA[<p><a href="http://img.energybusiness.in/sushilkumar-shinde8.jpg"><img class="alignleft size-full wp-image-11333" title="sushilkumar shinde" src="http://img.energybusiness.in/sushilkumar-shinde8.jpg" alt="" width="128" height="98" /></a>Country is actively pursuing a low carbon growth strategy in power sector to address climate related issues said minister of power Sushilkumar Shinde at the International Energy Agency (IEA) ministerial meeting in Paris.  IEA meeting was attended by energy ministers of IEA member countries including USA, UK, France, Australia, Germany, Spain, Norway, Turkey, and EU and 8 partner countries including India, Russia, China, South Africa, Chille, Indonesia, Brazil, and Mexico.<br />
India’s future energy mix is likely to be coal dominated due to endowment of domestic coal reserves, Shinde said that India is moving towards super critical technology in coal based thermal plants along with rapid induction of other clean coal technologies. He said that during the 13th Five Year Plan (2017-2022), super critical technology would dominate the power scenario in India.</p>
<p>The Minister highlighted that India has taken policy initiatives for the development of renewable energy and the implementation of energy efficient improvement programmes. He said the Jawaharlal Nehru National Solar Mission (JNNSM), which is under implementation aims at adding 20,000 Mw solar capacity by 2022. He added that the SERCs are mandating a minimum RPO to the distribution utilities of their respective states.</p>
<p>He also added that the government has given due emphasis to energy efficiency, 37 ESCOs have been accredited by the Bureau of Energy Efficiency (BEE). He said a National Mission on Enhanced Energy Efficiency is under implementation while a “Perform-Achieve-Trade” (PAT) Scheme for energy intensive sectors has been launched recently. Reaffirming that it is common responsibility to work for the poorest of the poor, Shinde said that the policy initiatives taken by the Government of India and the Prime Minister’s National Action Plan on Climate Change would guide low carbon growth in India during the next decade.</p>
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		<title>Environment regulator soon, won&#8217;t allow permit raj: PM</title>
		<link>http://energybusiness.in/environment-regulator-wont-allow-permit-raj-pm/</link>
		<comments>http://energybusiness.in/environment-regulator-wont-allow-permit-raj-pm/#comments</comments>
		<pubDate>Mon, 25 Jul 2011 09:44:43 +0000</pubDate>
		<dc:creator>renjiniv</dc:creator>
				<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[News-home]]></category>
		<category><![CDATA[Enviornmental clearance]]></category>
		<category><![CDATA[Manmohan Singh]]></category>
		<category><![CDATA[PM]]></category>

		<guid isPermaLink="false">http://energybusiness.in/?p=9811</guid>
					<content:encoded><![CDATA[<p><a href="http://img.energybusiness.in/Manmohan_Singh.plenum.jpg_cmyk.jpg"><img class="alignleft size-thumbnail wp-image-9810" title="Manmohan_Singh.plenum.jpg_cmyk" src="http://img.energybusiness.in/Manmohan_Singh.plenum.jpg_cmyk-150x150.jpg" alt="" width="150" height="150" /></a>In the backdrop of the controversy over environmental clearances to major projects, Prime Minister Manmohan Singh said an independent regulator would soon revamp the process and help protect ecology without bringing back &#8220;the hated licence permit raj&#8221;.</p>
<p>&#8220;We hope to establish an independent regulator &#8212; the National Environment Appraisal and Monitoring Authority soon. This authority could lead to a complete change in the process of granting environmental clearances. Staffed by dedicated professionals, it will work on a full-time basis to evolve better and more objective standards of scrutiny,&#8221; Singh said. The move to establish this authority appears to have come in the wake of stalling of several industrial and mining projects after the Environment Ministry, till recently led by Jairam Ramesh, had refused to clear the project.</p>
<p>The Prime Minister also expressed the hope that in future there would not be much litigation in projects due to environmental issues.&#8221;I must also mention that but for the enduring wisdom of our judiciary, we would not have the bulk of what we proudly call &#8216;environmental jurisprudence&#8217;,&#8221; Singh said. He maintained that in the 1990s, due to rapid industrialisation brought about by economic liberalisation there was a threat of depletion of natural resources. But the judiciary had ensured there was no compromise on this issue.</p>
<p>&#8220;Over all, a major challenge ahead is to put in place a legal and regulatory framework which is effective in protecting the environment but without bringing back the hated licence permit raj of the pre-1991 period,&#8221; Singh said.</p>
<p>Singh also hailed the new &#8220;comprehensive law&#8221; which established a specialised Tribunal for settlement of a &#8220;broad spectrum of environmental cases of civil nature&#8221;.</p>
<p>&#8220;We have joined a handful of forward looking countries to have such a dedicated mechanism. This tribunal has started functioning and I expect it will help to reduce the workload of our courts,&#8221; he said. The Prime Minister insisted that the Disaster Management Act, 2005 had enabled the setting up of institutional mechanisms for disaster preparedness and mitigation.</p>
<p>Singh claimed that in the last four years, the government has formulated a national agenda for environmental protection to meet the challenges of disaster management and climate change.<br />
&#8220;Our mission for sustainable habitat will develop standards for green buildings which we intend to make integral to our municipal laws,&#8221; he said.</p>
<p>The UPA-II government has a target for greening 10 million hectares of forest land to increase incomes of the poor through a national Green India Mission. &#8220;Action for generating over 20,000 Mw of solar energy by the year 2020 is underway,&#8221; he said.</p>
<p>Through sustainable agriculture and water conservation, the government aims to increase productivity of dry land agriculture and increase efficiency of water use. &#8220;All these steps will cumulatively lead us to a low carbon growth path,&#8221; Singh said.<br />
<em>Agencies</em></p>
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		<title>Climate change debate in UNSC welcome step: India</title>
		<link>http://energybusiness.in/climate-change-debate-unsc-step-india/</link>
		<comments>http://energybusiness.in/climate-change-debate-unsc-step-india/#comments</comments>
		<pubDate>Thu, 21 Jul 2011 07:59:40 +0000</pubDate>
		<dc:creator>renjiniv</dc:creator>
				<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[News-home]]></category>
		<category><![CDATA[UNFCCC]]></category>

		<guid isPermaLink="false">http://energybusiness.in/?p=9752</guid>
					<content:encoded><![CDATA[<p><a href="http://img.energybusiness.in/unfccc1.jpg"><img class="alignleft size-full wp-image-9753" title="unfccc" src="http://img.energybusiness.in/unfccc1.jpg" alt="" width="96" height="67" /></a>India has said discussion on climate change in the Security Council is a welcome step, but maintained that the 15-member body does not have tools to deal with the issue. Following a day-long debate in the Security Council, India&#8217;s envoy to UN Hardeep Singh Puri noted that peacekeeping missions, use of force and sanctions, which the UNSC can authorise, do not fit the problems of climate change.</p>
<p>Puri insisted that climate change needed to stay in the realm of the General Assembly and the United Nations Framework on Climate Change (UNFCCC). &#8220;We don&#8217;t have a problem discussing climate change,&#8221; the envoy said. &#8220;As far as action, it has to be done in the UNFCCC.&#8221;</p>
<p>&#8220;Some countries are trying to do a mandate creep,&#8221; he said, describing a trend to get more issues under the belt of the Security Council. Countries like Brazil and South Africa also emphasised that the UNFCCC should remain central to addressing the issue of climate change.</p>
<p>India, however, differed its position from China and Russia, which were fundamentally against the Council dealing with climate change. Mark Lyall Grant, UK&#8217;s envoy to the UN, also noted that New Delhi has not opposed the Council&#8217;s statement on the climate change in the same way as Beijing and Moscow. &#8220;India played a positive role,&#8221; he said.</p>
<p>After several revisions, the Security Council issued a statement on climate change, last night. Observers noted that its language was weakened to reach a compromise.<br />
<em>Agencies</em></p>
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		<title>Lufthansa launches first scheduled flights using bio-fuel</title>
		<link>http://energybusiness.in/lufthansa-launches-first-scheduled-flights-bio-fuel/</link>
		<comments>http://energybusiness.in/lufthansa-launches-first-scheduled-flights-bio-fuel/#comments</comments>
		<pubDate>Mon, 18 Jul 2011 07:48:15 +0000</pubDate>
		<dc:creator>renjiniv</dc:creator>
				<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[News-home]]></category>
		<category><![CDATA[Renewables]]></category>
		<category><![CDATA[bio-fuel]]></category>
		<category><![CDATA[Lufthansa using bio-fuel on regular flights]]></category>
		<category><![CDATA[renewable energy]]></category>

		<guid isPermaLink="false">http://energybusiness.in/?p=9638</guid>
					<content:encoded><![CDATA[<p><a href="http://img.energybusiness.in/lufthansa-biofuel.jpg"><img class="alignleft size-thumbnail wp-image-9643" title="lufthansa biofuel" src="http://img.energybusiness.in/lufthansa-biofuel-150x150.jpg" alt="" width="150" height="150" /></a>In a bid to reduce the carbon emission from flights, Lufthansa had launched a six-month bio-fuel trial on regular scheduled flights. A Lufthansa Airbus A321 with the registration D-AIDG will fly on the Hamburg-Frankfurt-Hamburg route four times daily. One of its engines will run on a 50/50 mix of regular fuel and biosynthetic kerosene. The bio-fuel for jet engines has been approved by the American Society for Testing and Materials (ASTM).</p>
<p>This long term test run is expected to reduce CO2-emissions and deliver research results. Since bio-kerosene has similar properties to those of conventional kerosene, it can be used for all aircraft types without any need for modifications to the aircraft or its engines. During the six months test run period, the use of bio-fuel will reduce CO2 emissions by up to 1,500 tonnes.</p>
<p>Christoph Franz, chairman and CEO of the Lufthansa Group, said, “Lufthansa is the first airline worldwide to use bio-fuel in scheduled daily flight operations. We are thus continuing to steadily implement our proven and successful strategy for sustainability.” As air transport is the only mode of transport that will remain dependent upon liquid fuels for the foreseeable future, the aviation industry and the research community must develop and test alternatives. “Fossil raw materials are finite,” Franz cautioned. He added that next to reducing CO2 emissions the main aim of this long-term operational trial was to examine the effects of bio-fuel on the maintenance and lifespan of aircraft engines.</p>
<p>The biosynthetic kerosene is derived from pure biomass (biomass to liquids – BtL) and consists mainly of jatropha and camelina. In the procurement of bio-fuel, Lufthansa ensures that it originates from a sustainable supply and production process. Suppliers must provide proof of the sustainability of their processes and meet the criteria stipulated by the European Parliament and the Council in the Renewable Energy Directive. The fuel used by Lufthansa is produced by Neste Oil, a Finnish oil company. Neste has extensive experience in the production of bio-fuels and has been a successful partner of Lufthansa for many years.</p>
<p>Lufthansa puts the total costs of conducting the bio-fuel project at about 6.6 million euros. The German Federal Ministry of Economics and Technology has awarded 2.5 million euros in funding for this project, which is part of a larger project known as FAIR (Future Aircraft Research) set up to examine other issues besides the compatibility of biofuels, including new propulsion and aircraft concepts and other fuels such as liquefied natural gas (LNG).</p>
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		<title>GM crops save billion kg of CO2 gas emissions</title>
		<link>http://energybusiness.in/gm-crops-save-billion-kg-co2-gas-emissions/</link>
		<comments>http://energybusiness.in/gm-crops-save-billion-kg-co2-gas-emissions/#comments</comments>
		<pubDate>Mon, 04 Jul 2011 05:07:19 +0000</pubDate>
		<dc:creator>renjiniv</dc:creator>
				<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[News-home]]></category>
		<category><![CDATA[Co2 emission]]></category>
		<category><![CDATA[GM vegitables]]></category>

		<guid isPermaLink="false">http://energybusiness.in/?p=9339</guid>
					<content:encoded><![CDATA[<p><a href="http://img.energybusiness.in/gas-emission.jpeg"><img class="alignleft size-thumbnail wp-image-9342" title="gas emission" src="http://img.energybusiness.in/gas-emission-150x150.jpg" alt="" width="150" height="150" /></a>Genetically modified crops have saved around 18 billion kg of Co2 gas emissions, which is equivalent to removing 8 million cars from the road, a fact that reveals importance of the newer plant technology in mitigating climate change.</p>
<p>&#8220;In 2009, the combined permanent and additional saving through sequestration was equivalent to a saving of around 18 billion kg of CO2 or removing about 8 million cars from the road,&#8221; ISAAA chairman Clive James said quoting Brookes and Barfoot, 2011 (a UK-based PG Economics company).</p>
<p>The International Service for the Acquisition of Agri-biotech Applications (ISAAA) is a not-for-profit international organization. Given that agriculture is a significant contributor (14%) of greenhouse gases (GHG) and therefore part of the problem in climate change, it is appropriate that biotech crops can be part of the solution, James said.</p>
<p>James, who is disciple of Nobel laureate and father of Mexican food revolution architect Norman Borlaug, rolled out these statistics at an international conference on GM crops at Hyderabad last week to highlight advantages of crop biotechnology. Besides James, ICRISAT Director General William W Dar had also underlined adoption of the newer Bt plant technology by India in a big way.</p>
<p>The ISAAA chief said a record 15.4 million farmers in 29 countries, including India, had planted GM crops in 148 million hectares in 2010. By 2015, which also happens to be millennium development goals year, area under GM crops is expected to reach 1 billion hectare in 40 countries, he added.</p>
<p>Deep cuts in CO2 emissions worldwide are prescribed as the only way to prevent a future global warming catastrophe. One of the few successes of the Copenhagen Summit on climate change in 2009 was initiative known as REDD (Reducing emissions from deforestation and forest degradation) which aimed to reduce deforestation, whereas agriculture is a cause of deforestation emitting about 14% of global GHG.</p>
<p>The global research alliance on agriculture greenhouse gases was established in December 2009 with America pledge of $150 billion to investigate and develop potential opportunities, which could reward farmers in poor countries for locking up carbon in their crops and soils under the aegis of clean development mechanism discussed in Copenhagen.</p>
<p>The ISAAA chief said biotech crops require fewer pesticide sprays which results in savings of tractor/fossil fuel and thus less CO2 emissions, he said. Besides, herbicide tolerant biotech crops encourage zero to no-till which in turn significantly reduces the loss of soil carbon and CO2 emission, he added.<br />
<em>Agencies</em></p>
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		<title>Singapore GP orders electric vehicles for Formula One</title>
		<link>http://energybusiness.in/singapore-gp-orders-electric-vehicles-formula-one/</link>
		<comments>http://energybusiness.in/singapore-gp-orders-electric-vehicles-formula-one/#comments</comments>
		<pubDate>Fri, 17 Jun 2011 07:43:15 +0000</pubDate>
		<dc:creator>renjiniv</dc:creator>
				<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[News-home]]></category>
		<category><![CDATA[Renewables]]></category>
		<category><![CDATA[electric vehicle]]></category>
		<category><![CDATA[electric vehicles for Formula One]]></category>
		<category><![CDATA[green vehicle]]></category>
		<category><![CDATA[T3 Motion]]></category>

		<guid isPermaLink="false">http://energybusiness.in/?p=9021</guid>
					<content:encoded><![CDATA[<p><a href="http://img.energybusiness.in/greenrace-vehicle1.bmp"><img class="alignleft size-full wp-image-9023" title="greenrace vehicle1" src="http://img.energybusiness.in/greenrace-vehicle1.bmp" alt="" /></a>NYSE listed company, T3 Motion, Inc., a producer of clean technology electric vehicles, received an order for multiple T3 Series ESVs (electric vehicles) from Singapore GP Pte Ltd, the company known for organizing the Singapore Grand Prix Formula 1 event. The value of the order stands at US $100,000. These vehicles will be deployed by race officials throughout the event scheduled for September 23-25, 2011. This deployment will mark the first time T3 ESVs have been used at any Grand Prix race worldwide.</p>
<p>T3 ESVs have been deployed for crowd control at many high-profile events. In 2010, T3 ESVs were deployed as the environmentally-friendly patrol solution at the Tour De France in Paris, the World Cup in South Africa, and the G20 Summit in Seoul, South Korea as well as the Rose Parade and Super Bowl in 2011.</p>
<p>“We are pleased that our T3 Series ESV has been selected as the vehicle of choice for the Singapore Grand Prix,” Ki Nam, CEO of T3 Motion noted.  “With its commanding presence, approachability and acute maneuverability, the T3 ESV features many unique and versatile capabilities as a tool for crowd management. Its deployment at the 2011 Singapore F1 Grand Prix is a meaningful testament to these qualities.”<br />
<em>Agencies</em></p>
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		<title>India should take lead in developing energy-based development</title>
		<link>http://energybusiness.in/india-lead-developing-energy-based-development/</link>
		<comments>http://energybusiness.in/india-lead-developing-energy-based-development/#comments</comments>
		<pubDate>Fri, 25 Feb 2011 09:36:18 +0000</pubDate>
		<dc:creator>renjiniv</dc:creator>
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					<content:encoded><![CDATA[<p>The Maldives today asked India to take a lead in developing clean and green energy-based development for tackling climate change and to &#8220;save&#8221; island nations like it from its affects.</p>
<p>&#8220;As India joins the club of world&#8217;s most powerful nations, it has a greater responsibility. It should develop (itself) as clean power-house of the world,&#8221; the Maldives President Mohamed Nasheed said here, addressing the &#8216;World Conference on Recreating South Asia&#8217;.<br />
The rising sea level due to climate change has threatened the existence of several island nations including the Maldives. Pledging his country&#8217;s support to India, Nasheed said, &#8220;I am asking India to lead in showing that there is no contradiction in development and survival of my country.&#8221;<br />
Appreciating the Indian National Solar Mission, Nasheed said renewable and green energy sectors were creating a new industrial revolution and &#8220;if India leads the world in this area, it will lead the world economy for the next 100 years.&#8221;<br />
Praising India&#8217;s leadership at the Cancun climate change summit, he said the country&#8217;s stand on major global issues were supported by the world. He said ignoring climate change is morally wrong and his country was aiming to become carbon-neutral by the year 2020.<br />
Crediting India for the rise of South Asia on the global map, Nasheed said economic reforms by Prime Minister Manmohan Singh have placed India on an irreversible path to super power status in new multipolar world. &#8220;Nobody could have expected (India) to not only be equal partners with its past colonial masters, direct the course of discussion and insist on chapatis rather than breadrolls,&#8221; he added.<br />
The Maldives President said his country had a lot to learn from India&#8217;s &#8220;liberal democracy, economic freedom, strong social safety as these are three fundamental requisites of a country.&#8221; On the prevailing situation in the Middle east, Nasheed called for withdrawing support to the &#8220;dictatorial regimes&#8221; in the region and support establishment of democracy there.<br />
&#8220;Democracy is only long term guarantor of peace and prosperity and it is in our interest to support democracy in middle east or whether closer to home in Burma,&#8221; he added. Advocating a similar &#8220;political instability&#8221; in Saudi Arabia, he said, &#8220;There should be political instability in Saudi Arabia as if we don&#8217;t get off the fossil fuel blackmail, my country will spend USD one billion for oil needs.&#8221;<br />
<em>Agencies</em></p>
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		<title>NTPC to spend Rs.5,600 cr. on green projects over next five years</title>
		<link>http://energybusiness.in/ntpc-spend-rs5600-cr-green-projects-next-five-years/</link>
		<comments>http://energybusiness.in/ntpc-spend-rs5600-cr-green-projects-next-five-years/#comments</comments>
		<pubDate>Tue, 08 Feb 2011 06:20:43 +0000</pubDate>
		<dc:creator>makarandg</dc:creator>
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		<category><![CDATA[NTPC]]></category>

		<guid isPermaLink="false">http://energybusiness.in/?p=6213</guid>
					<content:encoded><![CDATA[<p><a href="http://img.energybusiness.in/SolarPanel6.jpg"><img class="alignleft size-thumbnail wp-image-6214" style="margin-left: 10px; margin-right: 10px;" title="SolarPanel" src="http://img.energybusiness.in/SolarPanel6-150x150.jpg" alt="" width="150" height="150" /></a>Amid increasing environmental concerns, thermal major NTPC Ltd is slated to spend upwards of Rs 5,600 crore on “green” projects in the coming five years.</p>
<p>Plans include 300 MW of solar power projects, based on photovoltaic and solar thermal technology across eight States, and wind farms cumulatively adding up to 175 MW in two States.</p>
<p>Feasibility studies are either under preparation or have been approved for the projects, most of which are slated to come up in the Twelfth Five-Year Plan starting March 2012.</p>
<p>A majority of the projects on the anvil are being set up on surplus land available with the company at its existing power station sites, thereby ensuring that the problems in land acquisition are avoided.</p>
<p>While wind power and solar projects are going to be the thrust areas, NTPC also has a shelf of hydro projects, apart from a small hydro project of 8 MW that is being set up in Singrauli, Uttar Pradesh.</p>
<p>While a majority of these projects are to be taken up by NTPC on its own, the company has also tied-up with the Asian Development Bank (ADB) and Japan&#8217;s Kyuden International Corporation (Kyushu) to form a joint venture to develop renewable power projects.</p>
<p>The joint venture will set up 500 MW of non-conventional power generation capacity in India over the three years, focussing initially on developing wind power and small hydroelectric power projects.</p>
<p>NTPC has an installed capacity of 33,194 MW and another 15,740 MW is under construction, most of which are thermal projects based on either coal or gas a fuel.</p>
<p><em> Business Line</em></p>
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