The ICAI

If we focus on clear, practical and achievable goals, major reductions in carbon emissions can be made so as to ensure that the world will fashion a radical new approach to climate change within a manageable time frame, says Tony Blair

Hero Electric, Reva, Kabirdass Motor appoint consultants.
Manu P. Toms

Mumbai, June 30 Armed with their zero-emission claims, makers of electric vehicles are trying for carbon credits.

Manufacturers of electric vehicles see considerable revenue potential as well as brand building prospects in attaining carbon credits, though the sector is at a nascent stage in India.

Dera Mandi forest is all set to earn carbon credits for Delhi Government which plans to develop 727 hectares into a zone that will help mitigate the growth in concentration of greenhouse gases.

Dilip Kumar Jha / Mumbai June 03, 2009, 0:40 IST

Mumbai The closure of the 25-year-old dumping ground measuring 19.6 hectares at the Gorai creek in Borivli has earned the Brihanmumbai Municipal Corporation (BMC) Rs 27 crore by trading of an estimated 31,033 tonnes of carbon credits a year. The Asian Development Bank (ADB) has agreed to purchase the carbon credits from the civic body at a cost of 12 Euros per carbon credit till 2014.

INDIA could earn up to $100 billion through trading of certified emission reductions (CERs), or carbon credits, a government official said on Wednesday.

Indian companies wait for cer price to rise COMPANIES in India that hoped to profit by investing in technologies that minimize carbon emissions are holding on to their carbon credits. The value of these credits or certified emission reduction units (cers) has fallen steeply world over. In EU, for instance, the price of one cer has fallen from

China should be praised for its lead role in a U.N.-backed scheme to cut carbon emissions and efforts to cap its flow of credits should be resisted, a leading British-based clean-energy project development firm said.