Browsing All posts tagged under »Climate Change«

GHG emissions could rise 50 percent by 2050 – OECD

March 16, 2012 by

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According to Organization for Economic Cooperation and Development (OECD), global GHG emissions could rise 50% by 2050 without the most ambitious climate policies. The world is moving towards increasing consumptive habits resulting in unsustainable use of natural sources. Our fossil fuels continue to dominate the energy mix now and projected for the same in subsequent […]

Impacts of Climate Change on Iron Ore Mining

December 23, 2011 by

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Mining is the extraction of valuable minerals or other geological materials from the earth. Mining can result in a number of adverse effects on the environment. Surface iron ore mining resulted in huge engagement of land for Mining & Infrastructure development, displacement of native communities (This a serious concern as the local people are affected due to mining activities in India. Most of […]

Climate change risks and opportunities for Indian Steel sector

December 22, 2011 by

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The Indian steel industry have entered into a new development stage from 2005-06. Driven by rapid development of Indian economy; India’s steel consumption will continue to grow at nearly 16% rate annually, till 2012.  Steel production in the financial year 2009-10 was 60-61 million tonnes. Demand of Steel is rapidly growing due to increasing construction […]

How Coal impacts Steel production?

December 19, 2011 by

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Coal is the main primary component in steel and power production. The world is reliant on coal for these two purposes mainly. It is estimated that, almost 70% of the steel produced today uses coal. As the growing economy is voracious to steel; coal has become the crucial element in increasing steel production. Metallurgical coal […]

High Expectations on Durban

November 29, 2011 by

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As we all know the 17th Conference of Parties (COP) is meeting at Durban to channelize our efforts to mitigate dangerous climate change. Most of us are expecting a package of agreements that clearly articulate a positive path forward for the planet. The whole session will revolve around two very crucial points that will be […]

A new climate change finance unit under the finance ministry

September 29, 2011 by

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As per the report in The Hindu, Business line, a new climate change finance unit has been set up under the aegis of the Finance Ministry. India is already engaged in international negotiations on climate change and committed to voluntary reduction of Green House Gasses within its own boundary.  A new climate change finance unit […]

Local Carbon Markets Set to Become More Attractive to Investors

May 25, 2011 by

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As the Kyoto protocol nears its term end, there has been a lot of speculation over where the global carbon market will stand. International meetings like the Cancum(Mexico) summit in December 2010 and the April 2011 talks in Bangkok (Thailand), demonstrated that the global consensus on  the Kyoto carbon mechanism is breaking down. The failure […]