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India Sets Aside $6.4 Billion to Fight Climate Change
In order to fund its ambitious renewable energy projects and climate change mitigation measures, the Indian government has earmarked $6.4 billion.
India, US Sign Deal on Setting Up Clean Energy Research Centre
India and the US have formally signed the agreement to establish a virtual clean energy research development to accelerate the production of affordable carbon-efficient technologies.
India Looking to Buy BP’s Assets in Vietnam
BP’s loss could be India’s gain as it prepares to launch a bid to buy out cash-strapped BP’s stake in Vietnam’s largest gas project.
Indian Government Cuts Subsidies on Gasoline, Petroleum Products
Indian government’s decision to deregulate oil prices would help increase competition in the market and, more importantly, make cleaner fuels and automobiles more attractive.
India, US Discuss Climate Change & Clean Energy in First Ever Strategic Talks
The fact that India and the United States discussed about climate change and clean energy technologies is a great sign for the international climate negotiations.
India Aims to Double Its Forest Cover by 2020
The Indian government is planning to launch a massive afforestation program which would double its forest cover to 20 million hectares by 2020.
Indian State to Obligate Utilities to Buy Electricity from Renewable Energy Power Plants
In order to stimulate large scale solar power generation, the state of Tamil Nadu would mandate power companies to buy at least 14 percent of electricity supply from renewable energy-based power plants.
Indian Government Steps-Up Energy Efficiency Programs
The Bureau of Energy Efficiency (BEE) which recently spearhead a massive plan to replace incandescent light bulbs with CFLs is also engaged in several other energy efficiency programs including an energy star program.
Under Pressure from Green Activists, Britain May Block World Bank Funding for South African Coal Power Plant
Developed countries must provide financial and technical assistance for renewable energy technologies before scaling back support to coal-based power plants in developing countries.
Indian Government to Offer 30% Solar Subsidies, Could Increase to 50%
The Indian government plans to offer 30% solar subsidies to domestic and commercial users but in order to make the program a success, and reach the goal of 20,000 MW solar energy by 2022, it needs to take several essential policy initiatives.
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