India Looks to Tap Carbon Market

by ameetdesh on Sep 02, 2007      Category: Environment Tags: environment india

Carbon trading, a market started by Kyoto protocall is expected to grow to US$100 billion in the near future, and Indian firms want are poised to reap the benefits.
Recently, an Indian firm won the single largest issuance of carbon credits by the United Nations Framework Convention on Climate Change, which awarded 5.4 million carbon credits to two projects owned by India's JSW Steel.
SBI has said analysts peg the global carbon-trading market at $100 billion by 2010, and the Indian carbon market has the potential to supply 30-50% of the projected global market of 700 million CER(certified emission reduction)s by 2012.

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ameetdesh

I am doctoral student at UC San Diego. I am interested in Economics and role of appropriate Technology in development and education. With the internet, the world has become a small place, with best practices in various fields accessible at mouseclick. In future I would like to play such rolw of a cr.....read more

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y.sivaram's picture

I,m very interested to work for the environment, but i dont have a proper path show by the people how to apply and to get knowledge about. Frnds could you plz suggest me.

Sanjeev Patil's picture

i am very interested to work for the environment, but i dont have a proper path show by the people how to apply and to get knowledge about. I have set up ngo as Green Earth Foundation . I wamt to plant trees every year as adopting villages .Plz tell about Fund and suggest me proper way.

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