09 Oct 2012

Extreme caution needs to be taken while mulling of linking different carbon markets

For India to play its part in helping to realise deep cuts in global CO2 emissions by the middle of the 21st century, it will need to achieve rapid economic development over the next 40 years with only a very small increase in emissions. Currently there is no precedent for such a low-CO2 development path.

The India launch of IEA

This report seeks to inform decision makers seeking to prioritise RD&D investments in a time of financial uncertainty. It is an update of the December 2009 IEA report Global Gaps in Clean Energy Research, Development and Demonstration, which examined whether rates of LCET investment were sufficient to achieve shared global energy and environmental goals (IEA,2009a).

The technical and economic viability of energy efficiency (EE) has become more pronounced as concerns about energy security, climate change and low carbon development intensify. Although the promotion of EE has long been identified as an effective policy tool to manage energy demand, active pursuit of EE still lags behind in many ESCAP countries.

Presently India is facing the twin challenge of energy universalization as well as emission reduction. Nearly 0.4 billion people in India

Growing estimates of natural gas resources, including a new category of ?unconventional? gas, suggest that accessible supplies of this least carbon-intensive of the fossil fuels may be far more abundant than previously assumed.

A new myth of the nuclear lobby is the claim that nuclear power and renewable energies are complementary forms of energy. The authors Antony Froggat and Mycle Schneider prove the opposite: those who build nuclear power plants hinder the expansion of renewable energies.

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