Commentary, action and research on climate and development in India
It is not just green activists and consumers who are putting companies through a wringer. Investors too are asking companies about their carbon performance, to gauge the perceived risk associated with their investments due to climate change.
Investors, the new-age green activists
Google Inc. aborts its ambitious project to make renewable energy cheaper than coal four years after launching its Green Energy campaign.
“To recap, we’re in the process of shutting down a number of products which haven’t had the impact we’d hoped for, integrating others as features into our broader product efforts, and ending several which have shown us a different path forward,” wrote Urs Holzle, Google senior VP of operations in a blog post.
Google aborts green energy project
Dr Farooq Abdullah minister of new and renewable energy informed the Lok Sabha that his ministry is implementing a program on Energy Efficient Solar/Green buildings which aims to promote the construction of energy efficient solar/green buildings including a green building rating system-Green Rating for Integrated Habitat Assessment.
Ever since the Bali Action Plan, 2007, launched the current phase of negotiations under the Framework Convention on Climate Change (FCCC), parties have been dithering over the legal form that the “agreed outcome” to these negotiations should take. The options range from protocols and amendments that are legally binding and can deliver the benefits of consistent application, certainty, predictability and accountability, to soft law options such as decisions taken by the Conference of Parties (COP), which, while operationally significant, are not, save in the exception, legally binding. This divisive issue is slated to take centre-stage at the Durban conference.
HYDERABAD: Each day all of us add to greenhouse emissions but we have no idea about our individual carbon footprint. However, there is an increasing number of environment-conscious young professionals willing to do their bit for the environment.
Working towards a greener environment
Tesco is proud to announce that it has been awarded the prestigious ‘Green Supply Chain Award’ by The Global Supply Chain Council in China.
The Judging Panel praised Tesco for demonstrating strong environmental leadership and a firm commitment to promote green in China, while the supermarket’s Jiashan Green Logistics Centre in the Zhejiang Province “set and exceeded” its own high standards for environmental friendliness.
‘Green Supply Chain Award’ goes to Tesco’
On Wednesday, the Department of Energy and Climate Change has released a report and notified that policies for increasing the efficiency as well as incentives to clean energy technologies will be saving a good amount of money, most probably by 2013, although, believed to change the energy bills of business significantly.
Department Of Energy and Climate Change Signals to Increase Energy Bills
NEW DELHI: The renewable energy ministry has sought a 10-fold increase in fund outlay for the next five years. The ministry estimates requirement of Rs 40,000 crore to ramp up its capacity to 30,000 mw by 2017.
Renewable energy ministry seeks 10-fold increase in fund outlay
KOLKATA: The coal import bill of steel manufacturers is set to rise with the slump in the rupee pushing up spot prices of coking coal, an essential raw material. Big steel companies will be hurt the most as a large part of their coking coal requirement is met through imports.
Coal import bill of steel companies set to rise