Rajiv Tikoo

Power sector in India is quite phenomenal and it continues to grow

Power generation, transmission and distribution for a huge country like India with its myriad geographical, physiological, demographic, natural and environmental variations pose a great challenge.

Negotiators face a mammoth task to try to agree by the end of the year on the outlines of broader climate pact to replace the U.N.'s Kyoto Protocol.

Key issues such as financing climate change adaptation programs in developing nations, transfer of clean-energy technology and disagreements over rich nations' targets to cut planet-warming emissions still need to be resolved.

Amid worsening climate change-related problems for small island states, Tuvalu has established a national goal of being powered entirely by renewable energy sources by 2020.

European carbon emissions futures were still stuck in range-bound trade on Thursday, without much movement in either direction, traders said.

Benchmark EU Allowances edged up 1 cent or 0.07 percent to 14.40 euros a ton at 1350 GMT. Volume was at 2,666 lots traded.

A leading standard setter for voluntary carbon market offsets said on Wednesday it has eased its rules for Canadian projects that aim to cut emissions of greenhouse gases to issue carbon credits.

Aid of $10 billion from rich nations would be a "good beginning" to launch a U.N. climate treaty due to be agreed in Copenhagen in December, the United Nations' top climate official said on Thursday.

At Copenhagen, India should clearly indicate to the US that it would not sign an unjust and inequitable treaty permitting trade sanctions against other nations and that if necessary it would exercise its right to retaliate, says Arvind Panagariya

- World climate negotiators will gather in Bonn next month to edit an "indigestible" set of proposals into a manageable document for international consideration, the head of a key U.N. panel said on Tuesday.