User: subbu Topic: Energy
Category: Carbon Trading
Last updated: Jun 19 2015 10:54 IST RSS 2.0
 
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Staff crunch likely to hit Mission Kakatiya 13.4.2015 Hindu: News
The technical staff in the Groundwater Department are crucial to studying the impact of the restoration of minor irrigation tanks and identifying suitable spots for sinking tube wells.
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World Bank to hold $25 mn auction for UN carbon credits 30.3.2015 HBL: Home
The World Bank will hold an auction worth $25 million in June for UN-backed carbon credits from projects designed to cut methane emissions, the bank said on Monday.The so-called Pilot Aucti...
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‘Green’ dam linked to killings of six indigenous people in Guatemala 26.3.2015 Guardian: Environment

Indigenous people are being ‘terrorised’ after protests against a mega-dam backed by European development banks, whose carbon allowances will be tradable on the EU’s emissions trading system

A planned mega-dam in Guatemala, whose carbon credits will be tradable under the EU’s emissions trading system, has been linked to grave human rights abuses, including the killing of six indigenous people, two of them children.

Several European development banks and the World Bank’s International Finance Corporation (IFC) have provided funds for the $250m (£170m) Santa Rita dam.

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Direct Action set up to allow large rise in emissions, says Climate Institute 26.3.2015 The Guardian -- Front Page

So-called ‘safeguards mechanism’ will at best mean business as usual for Australia’s major polluters and at worst lead to far more greenhouse gas output

The final element of the Abbott government’s Direct Action climate change policy will at best mean major polluters continue business as usual and at worst lead to significant increases in their greenhouse gas emissions according to the Climate Institute thinktank.

The framework for the final part of Direct Action scheme – the so-called “safeguards mechanism” – confirms it will allow big polluters to buy carbon credits if they exceed new baselines for their greenhouse emissions, but also that it will set those baselines at levels that ensure few companies will have to.

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How SEBI-FMC merger will help sustainability of financial markets 23.3.2015 HBL: Commodities
It will lead to trading in contracts barred under FCRA, 1952
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Government mulls Priority Sector Lending Certificates for banks 15.3.2015 Asian Age: Business
PSLCs will provide a market-driven incentive for efficiency New Delhi: Government proposes to introduce Priority Sector Lending Certificates (PSLCs), on the lines of carbon credit trading, wherein banks can earn premium for exceeding targets. This will be a part of the government's "re-orientation" of the priority sector lending schemes where banks are given targets to provide credit to specific sectors, like exports and agriculture. "PSLCs will provide a market-driven incentive for efficiency and enable banks to sell their surplus lending and thus earning a premium for their efficiency/geographical spread," sources said. Earlier this month, an RBI committee had recommended introduction of PSLCs to enable banks "to meet their PSL requirements even while leveraging their comparative advantage in lending". The changes proposed in the priority sector guidelines are aimed at re-aligning the norms with the significant change in the economic structure, contribution by various sectors to GDP and the ...
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Government mulls Priority Sector Lending Certificates for banks 15.3.2015 Asian Age: Business
PSLCs will provide a market-driven incentive for efficiency New Delhi: Government proposes to introduce Priority Sector Lending Certificates (PSLCs), on the lines of carbon credit trading, wherein banks can earn premium for exceeding targets. This will be a part of the government's "re-orientation" of the priority sector lending schemes where banks are given targets to provide credit to specific sectors, like exports and agriculture. "PSLCs will provide a market-driven incentive for efficiency and enable banks to sell their surplus lending and thus earning a premium for their efficiency/geographical spread," sources said. Earlier this month, an RBI committee had recommended introduction of PSLCs to enable banks "to meet their PSL requirements even while leveraging their comparative advantage in lending". The changes proposed in the priority sector guidelines are aimed at re-aligning the norms with the significant change in the economic structure, contribution by various sectors to GDP and the ...
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Government mulls priority sector lending certificates for banks 15.3.2015 ET: Banking
Among the changes proposed, renewable energy sector is likely to be accorded the priority sector lending status, up to Rs 10 crore loans.
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Govt mulls priority sector lending certificates for banks 15.3.2015 News
Government proposes to introduce Priority Sector Lending Certificates (PSLCs), on the lines of carbon credit trading, wherein banks can earn premium for exceeding targets.
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Govt mulls priority sector lending certificates for banks 15.3.2015 Rediff: Business
Government proposes to introduce Priority Sector Lending Certificates (PSLCs) to banks.
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Switzerland becomes first country to submit Paris climate deal pledge 27.2.2015 Guardian: Environment

Swiss government says it will cut greenhouse gas emissions 50% by 2030 as part of a UN deal on global warming later this year, reports RTCC

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US students to conduct impact assessment of Mission Kakatiya 26.2.2015 Hindu: Hyderabad
A team of seven researchers (students) from the University of Michigan (UoM), US, have joined hands with the Telangana Government to educate farmers on applying silt from minor irrigation tanks in...
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European carbon market reform set for 2019 24.2.2015 The Guardian -- Front Page
MEPs vote to strengthen emissions trading scheme by taking 1.6bn surplus credits off the market to boost carbon prices, but critics call for steps to be taken earlier Reforms to strengthen the EU’s flagship policy for cutting carbon, the emissions trading scheme (ETS), will start at the end of 2018 following a vote by MEPs on Tuesday. The carbon market is supposed to drive Europe’s transition to cleaner sources of energy, but a cocktail of recession, free allocations to polluters and over-achievement on green energy targets have created a flood of 2bn allowances. That has led to a carbon price of around €7 (£5) per tonne, too low to encourage power companies to switch from polluting fuels such as as ...
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Private power producers seek fiscal benefits 16.2.2015 Hindu: Home
Private power companies have asked the government to provide fiscal sops in the budget, including a sharp reduction in the Minimum Alternate Tax (MAT). They have also asked for policy initiatives...
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Geneva climate change talks: The lull before the storm 14.2.2015 News
One week of unexpectedly polite negotiations at Geneva ended on Friday with more than 190 countries adopting the first draft of a negotiating text for the 2015 global climate change agreement
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No, ministers – more surveillance will not make us safer 3.2.2015 The Guardian -- Front Page
British politicians keep trying to sneak the Snoopers’ Charter into law – even when it is obvious that the last thing you need when looking for a neeedle in a haystack is more hay It’s almost Groundhog Day . You can tell, because the same bad internet ideas keep resurfacing, as though everything we fought for has been wiped off the slate overnight and we’ve woken up back at square one. Like the Snooper’s Charter – which four Lords tried to ram into an undebated amendment to the security bill last week, despite the fact that it was effectively identical to several different earlier incarnations, each of which was dismissed as a dumb, ineffective, overreaching load of Orwellian nightmare-fuel. The fact that some deranged killers murdered some free speech advocates doesn’t make mass surveillance (as opposed to, you know, keeping track of jihadis who are known to be planning acts of terror, which the French spooks failed to do, possibly because they were too busy rolling around in their own mass-surveillance ...
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Arnold to be star attraction at Delhi green summit 2.2.2015 TOI: All Headlines
Arnold to be star attraction at Delhi green summit
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Why is so little attention paid to Madagascar's incredible wildlife? 27.1.2015 The Guardian -- Front Page

Madagascar is home to 5% of global biodiversity and the second highest number of threatened mammals in the world – yet even cartoon lemurs in the movie of the same name seem to receive more public attention and cash

Type “Madagascar” into any internet search engine and you are more likely to get reviews of the latest DreamWorks cartoon franchise followed by depressing snippets of news on poverty, disease, and economic hardship than any positive information on the country’s truly amazing natural resources.

To conservationists such as myself, who have been working in the world’s fourth largest island to preserve the country’s forests and wildlife, many of which evolved uniquely and are found nowhere else, the limited awareness of Madagascar’s natural riches leaves us scratching our heads.

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Coal production drops in China for 1st time ... 24.1.2015 TOI: All Headlines
Coal production drops in China for 1st time ...
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Narendra Modi calls for a shift in global attitude to meet climate goals 20.1.2015 TOI: All Headlines
Narendra Modi calls for a shift in global attitude to meet climate goals
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