Ending months of speculation about exactly what it was planning to do to boost the use of renewable sources of energy, India said this week that it will spend about $900 million on solar energy. The Indian cabinet approved a plan on Thursday that sets out to increase energy production from solar technology to 20 gigawatts by 2022, up from six megawatts today. The government will spend about 43 billion rupees...
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Climate deal dithering threatens Green tech investment by Damian Carrington
Without urgent progress which will stimulate funding for renewables, nations could be locked into high-carbon energy and transport technologies for decades, inflating another unsustainable economic bubble, say experts. Achim Steiner, the head of the U.N. environment programme, said: “Far more worrying [than formally ratifying a treaty] is that every month we delay we send a ambiguous signal into the world economy, the markets, investors and R&D.” The markets had not...
More »It is water, not elections, that excites people in Beed district by Meena Menon
Erratic power supply, poverty bane of Marathwada region About four lakh people migrate every year to work as sugarcane cutters Sugar factories contribute to water scarcity DHAITANA (Beed district): The Assembly elections are not the reason for excitement in this village located in the backward Marathwada region of Maharashtra. It’s water. In the afternoon heat, women and children are running towards the only source of water located outside sarpanch Achyut Gangane’s house....
More »Indian flood toll rises further
The number of people killed in flooding caused by heavy rains across southern India continues to rise, with more than 200 confirmed dead, officials say. Millions of people have been left homeless in the Indian states of Karnataka and Andhra Pradesh as entire villages have been swept away. Rainfall has eased in the worst affected state of Karnataka but many farms have been destroyed. Officials say billions of dollars are needed...
More »Release of World Development Report 2010: Development and Climate Change
WASHINGTON, September 15, 2009–Developing countries can shift to lower-carbon paths while promoting development and reducing poverty, but this depends on financial and technical assistance from high-income countries, says a new World Bank report released today. High-income countries also need to act quickly to reduce their carbon footprints and boost development of alternative energy sources to help tackle the problem of climate change. World Development Report 2010: Development and Climate Change,...
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