Business Ideas

India's per capita emission 70% below world avg: report

Despite being the fourth largest economy, India"s per capita emission levels are 70 per cent below world average and 93 per cent lower than those in the US, says a latest report on climate change. - Assocham calls for consolidation of banks - Private hospital sector may touch Rs 2 lakh cr by 2012: Study - Bring petrol, diesel under uniform VAT: Assocham - Assocham suggests setting up coal trading - "Retail sector to grow $410 bn by 2010" - Power gets a big chunk of private equity pie Jointly prepared by business chamber Assocham and consultancy firm Ernst and Young, the report highlighted that carbon emissions in India increased by 65 per cent between 1990 and now and are projected to grow by close to 70 per cent in the next decade or so. But it remained low as compared to other major economies, accounting for only two per cent of cumulative energy-related emissions since many decades. On a per capita basis, India"s emissions are 70 per cent below world average and 93 per cent below the level in the US. Thus, following principle of common but differentiated responsibility, India maintains that major responsibility of curbing emissions rests with developed countries, which have accumulated emissions over a long period of time, pointed out the report that comes at a time when tough negotiations are on at the Copenhagen climate meet. Quoting the findings, Assocham President Swati Piramal said in a statement that India"s greenhouse gas intensity is currently close to 20 per cent lower than world average and 15 per cent and 14 per cent lower than the US and China, respectively. The report has attributed to decline in energy intensity to improved energy efficiency, increased use of renewable and nuclear power, enhanced public transport system and energy pricing reforms.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

News of the day
'We do not want to compete in terms of numbers'
Raghavendra Kamath / Mumbai September 04, 2009, 1:38 IST
Popular Articles

Options limited for Madhya Pradesh
Will Madhya Pradesh be isolated on goods and service tax (GST) issue? If highly placed government sources, working the new tax system, are to be believed, the state government will have to follow the trend. “Eventually the state will have to implement the system, we cannot linger on. Other states like Chhattisgarh have also agreed to implement it, Gujarat government has welcomed it, Haryana has accepted it ‘in principle’ except for few points. How Madhya Pradesh can stand out?” asked an official. But the state finance minister has a long list to point out flaws in the new tax system, the main being, “The GST will bring even dal-chawal (rice and pulses) under tax net, which are exempted from VAT.”

Manufacturing sector hiring activity to pick up in Q4: Nomura
The country"s manufacturing sector is likely to witness a rise in hiring activity in the last three months of this year due to an expected increase in demand, says a report by Japanese securities firm Nomura.