TERI in the News

10 record(s) found in 'January 2008'

  • Fund on cards for power distribution

    31 January 2008| Mint

    In an attempt to help state electricity boards improve the state of their finances and, through this, reduce distribution losses, the government plans to set up a national electricity fund which will raise money that can be loaned to these boards at low rates of interest. The creation of the fund is likely to be announced in the 2007-08 Union Budget. "The success of the fund will depend upon whether it will be linked to target and performance and there will be effective monitoring," said Mr K Ramanathan, TERI. His reference is to linking the performance of SEBs to loans, one way of ensuring that these electricity boards do actually work towards improving their distribution networks

  • Carbon tax credits for green drive

    30 January 2008| The Economic Times

    Corporates using clean technologies may be in for goods news this Budget. The government is examining a proposal to provide tax benefits to corporates using clean technologies and generating carbon credits. Under the Kyoto Protocol, companies in developing countries earn certified emission reduction (CER) or a carbon credit for each tonne of carbon dioxide emission they avoid. The carbon credits can be sold to companies or governments in developed countries that are under mandatory obligation to reduce carbon gas emissions. They can then offset their own targets against the CERs they purchase from companies in developing countries under the UN’s clean development mechanism, or CDM. Finance minister Mr P Chidambaram had proposed to set up an expert committee to study the impact of climate change on the country and identify the measures the government may have to take in future. Dr R K Pachauri heads the panel. The panel is understood to have given its recommendations.

  • Big dilemma over nanotechnology

    30 January 2008| Mint

    The science of nanotechnology-dealing with particles a thousand times thinner than a strand of human hair—may itself be new, but with scientists coming up with applications for nanoparticles in the electronics, chemical and pharmaceutical industries, the government wants to understand the polluting and toxic effects of these particles. A growing body of research also suggests that nanoparticles could easily lodge themselves within the body and cause respiratory problems. Though India is yet to see substantial investments in its nanotechnology sector, venture capitalist firms such as Draper Fisher Jurvetson (DFJ), which helped Hotmail and Skype start off, are now betting big on nanotechnology. TERI has initiated a study in March that would include the toxicological fallouts of nanoparticles.

  • Climate change may cost 5 per cent global GDP by 2030: Pachauri

    25 January 2008| The Statesman

    Dr R K Pachauri has warned the international business and political leaders that climate change could cost up to 5 per cent of global GDP by 2030, if effective steps were not taken in time. "The business and political leaders should realize that measures to bring down emission levels would not cost more than 0.2 per cent of the global GDP, but it could cost up to 3 per cent of world GDP by 2020, and 5 per cent by 2030, if the temperature goes up by 2-4 degree Celsius," the head of the UN's Nobel Prize-winning scientific panel on climate change said. Addressing the annual meeting of World Economic Forum, Dr Pachauri said, threat of climate change has become a threat to world peace.

  • New rating system for energy efficient buildings on anvil

    25 January 2008| The Economic Times

    The government is in the process of introducing energy efficiency rating system for buildings, based on energy efficiency mechanism installed in there. Union Ministry of New and Renewable Energy Secretary V Subramanian said the ministry is chalking out a rating system for energy efficient buildings in consultation with TERI.

  • Abu Dhabi's Masdar initiative launches $2.2m Zayed Future Energy Prize

    22 January 2008| AME Info

    The government of Abu Dhabi has announced the establishment of Zayed Future Energy Prize, awarding $US2.2m annually to honour individuals and organizations for excellence in the innovation, development and implementation of sustainable energy solutions. Finalists and winners will be chosen by a jury composed of the world's leading experts in future energy and the mitigation of climate change. The jury will be chaired by Dr R K Pachauri, Chairman of the Intergovernmental Panel on Climate Change, which won the 2007 Nobel Peace Prize for its efforts to raise public awareness about climate change while establishing measures to counter that change.

  • TERI report says Coke should shut Rajasthan plant

    17 January 2008| The Indian Express

    Coca-Cola has been asked to consider shutting down a bottling plant in the drought-stricken state of Rajasthan. The recommendation came in a report released by TERI. The report was commissioned by Coca-Cola in 2006 in response to reports that pesticide residues had been found in its products. The study found no pesticides in the water used at the six bottling plants it sampled, and said that water quality 'generally meets the government regulatory standards'. But the report expressed concern about the company's use of scarce water supplies - an issue that has been raised repeatedly by the villagers who live near several of the company's bottling sites.

  • Mumbai beware, warns climate change guru

    3 January 2008| DNA

    Speaking about the consequences for Mumbai as a result of global warming, Dr R K Pachauri said the rise in sea-level would be accompanied by a rise in frequency of extremely heavy rain, like 26/7, which could affect Mumbai's economy. Dr Pachauri said that as far as Mumbai was concerned, “Emission apart, poor transportation system means that there are more cars on the road, which results in a number of local problems like congestion and air pollution”.

  • City drainage should be ready for extreme rain events: Nobel winner

    3 January 2008| Express India

    Saying that state governments need to be sensitized towards the issue of climate change so that India can be part of the solution, Dr R K Pachauri, joint winner of the 2007 Nobel Peace Prize, emphasized that the Indian government needs to invest in research and the university system in a big way. Dr Pachauri was speaking on the sidelines of a lecture on the key findings of the fourth assessment report of the UN Intergovernmental Panel on Climate Change (IPCC).

  • School Ecotourism - TERI's Clarion-Call to "Go Green"

    3 January 2008| Business Wire India

    TERI DeraGreen, TERI's Himalayan Centre at Latey Bunga near Mukhteshwar, located about 50km from Nainital, at 2300 metres above sea level is a place which TERI has set up a development resource centre called TRISHA (TERI's Research Initiative at Supi for Himalayan Advancement). Spread over 7.5 hectares of land at a mean alleviation of 7100 feet the centre is a replete with treasures of scenic beauty, flora and fauna, with vast potential to harness the abundant natural resources, affording an ideal environment for uninterrupted academic inquiry.

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