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World Bank fears devastating 4.0 degree warming

-Agence France-Presse Washington: The World Bank warned on Sunday that global temperatures could rise by four degrees this century without immediate action, with potentially devastating consequences for coastal cities and the poor. Issuing a call for action, the World Bank tied the future wealth of the planet -- and especially developing regions -- to immediate efforts to cut greenhouse gas emissions from sources such as energy production. "The time is very, very short....

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Losing the climate fight

-The Business Standard Worryingly, investment in clean energy declines  Global investment in clean energy will decline perceptibly this year for the first time in eight years, signalling an unwarranted complacency in the fight against climate change. A report by Bloomberg New Energy Finance says funding for renewable energy generation in the first three quarters of this year was $164.2 billion, down from last year’s $196.4 billion. The downturn is the steepest at...

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New global CO2 emissions record in 2011: institute

-AFP Global carbon dioxide missions hit a new record last year at 34 billion tonnes, with China still topping the list of greenhouse gas producers, a German-based private institute said Tuesday. The renewable energy Industry Institute (IWR) said that the total amounted to 800 million tonnes more than in 2010, with China accounting for 8.9 billion tonnes -- far more than the US tally of 6.0 billion tonnes. The study found that after...

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The New Wave Of Energy-Yashodhara Dasgupta

-Business World Wind, water and the sun can help India cut dependence on coal and gas For India, energy security has never seemed more real, more urgent than now. Forty per cent of the country’s 1.2-billion populace is yet to have access to electricity. Even those getting grid supply suffer poor quality of power. Towns see power cuts more than half the day. The country’s energy deficit, according to the Central Electricity...

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renewable energy Ministry Seeks Changes in Electricity Act

-Outlook Mumbai: To ensure that both private and state-run power distributors abide by the renewable purchase obligations (RPOs), the Union Ministry of New and renewable energy has called for amendments to the Electricity Act. "We have realised that some private companies and state discoms are not complying with the RPO. To make it mandatory, we have proposed an amendment to the Electricity Act," joint secretary Tarun Kapoor told reporters on the sidelines...

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