New Delhi: Prime Minister Manmohan Singh on Wednesday admitted that India had for the first time agreed to join the effort to cap the rise in global temperatures to 2 degrees from the pre-industrial level. But he strongly denied that it was a climbdown from its position not to accept binding emission cut targets.
The world can learn from a British plan for "carbon budgets" to fight climate change even though London often promises more than it delivers, a senior government adviser said.
Brazil's securities regulator has recommended that carbon credits be treated as investments separate from derivatives since they are used mainly as instruments to trim greenhouse gas emissions.
In a decision published late on Tuesday, the Rio de Janeiro-based securities regulator, known as CVM, said it would consider some carbon credit products as tradable securities on a case-by-case basis.
A forestry project is being launched in Galyat to help control carbon emissions. An announcement here on Tuesday said the project was being undertaken by the Engro Polymers and Chemical Limited (EPCL) after successful completion of Chaanga Maanga Project.
RAMESH RAMACHANDRAN
HILLARY MEETS PM TODAY: STILL SOFT ON PAK TERROR Today in Delhi 10 AM: Visit to Delhi University 12.15 PM: Call on Prime Minister Manmohan Singh at 7 Race Course Road 2.50 PM: Meeting with L.K.
There is need for an integrated response to the current economic and environmental crises, says a recently released report. It calls for greening of national economies, creating green jobs, and hiking public spending on R&D for energy-efficiency and clean energy.
