New Delhi : Some opposition members expressed concern over the “ambiguous” definition of carbon trading during a discussion on the Energy Conservation (Amendment) Bill in the Lok Sabha on Monday and alleged that it is tilted towards favouring a few corporates. Participating in the debate, N K Premachandran of the Revolutionary Socialist Party (RSP) said […]
China, Moving Cautiously, Starts Carbon Trading Market
China has had regional carbon trading markets as pilot projects for several years.Earlier, European power utilities and other companies paid for Chinese polluters to add wind, hydro and solar generating capacity in exchange for being allowed to increase their own emissions. Chinese power companies bid for credits to emit carbon dioxide and other climate-changing gases […]
Jamaica aims to boost its power sector with renewable energy projects
Jamaica which depends on fossil fuel for its energy sector has performed well to lower its oil dependency. It is estimated that Jamaica to reduce its oil dependency to 50 per cent in 2019. Jamaica aims to give a boost to its energy sector with a plethora of initiatives that include new energy policy, funding […]
