CHENNAI: Nearly nine lakh domestic consumers of Cuddalore and Villupuram districts will soon be covered under the Bachat Lamp Yojana (BLY), the scheme for promoting energy efficiency by replacing incandescent bulbs with compact fluorescent lamps (CFLs).
Mumbai: Have carbon credit prices bottomed out? After prices of certified emission reductions (CERs) crashed to around euro 12, an indicative firming up is in sight.
Standing forests are the most important territorial reservoirs to CO2. Reforestry and afforestry CDM projects are the means to sequester carbon. Himachal Pradesh and Haryana are the examples.
In India, both Himachal Pradesh and Haryana are in nascent stage of a reforestation and afforestation project under CDM. The projects entrust people with the task of growing and protecting
Standing forests are the most important territorial reservoirs to CO2. Reforestry and afforestry CDM projects are the means to sequester carbon. Himachal Pradesh and Haryana are the examples.
With companies cutting production globally, carbon emissions are down, and so is the demand for certified emission reductions (CERs) or carbon credits. This has led to the price of carbon credits crashing from E25 in September to E15 last week.
With companies cutting production globally, carbon emissions are down, and so is the demand for certified emission reductions (CERs) or carbon credits. This has led to the price of carbon credits crashing from E25 in September to E15 last week.
Prices of carbon credits have fallen to euro 14 per tonne from a peak of euro 20 two months ago - a level, which experts feel, is unlikely to be regained in the short term.
More than a fourth of the proposed green energy capacity investments planned worldwide have been either stalled or suspended due to lack of funds as a result of the ongoing global financial crisis, according to Remi Erikssen, chief executive officer of DNV Energy, part of Norway-based DNV, a global risk-management solutions provider for various industries.
Amid fears that a global recession may impact the carbon credit market, consultants are advising Indian companies' sale and buyback of certified emission reductions (CERs) through forward transactions.
BHUBANESWAR: In what could give a solid boost to carbon trading from renewable energy production systems, a remote monitoring mechanism that will keep a tab on actual time of functioning of decentralised energy production units has been designed by the State-run Orissa Renewable Energy Development Agency (OREDA).
