India May Start Trading of Renewable-Energy Credits in May

BusinessWeek (Jan 21 2010) Emissions

Categories:

Data Center Design: Construction, Container, Data Center Outages, Monitoring, Power and Cooling
Policy: Cap and Trade, Carbon Footprint, Carbon Reduction Commitment, Carbon Tax, Emissions
Power: Biomass, Fossil Fuel, Geothermal, Hydro, Nuclear, Solar, Wind
Application: Cloud Computing, Grid Computing
Technology: Microblogging, Networking, Servers, Storage, Supercomputer

Entities Mentioned

Europe

India may let power companies start trading renewable-energy credits in May in a push to create a multibillion-dollar market to encourage reductions in greenhouse-gas emissions. India is pressing ahead with its own efforts to fight climate change after last month’s Copenhagen talks failed to reach a new global climate treaty. The move puts the world’s fourth-largest emitter ahead of China and other developing nations in creating a domestic emissions-trading market to boost investment in solar, wind and other clean-energy projects. (Read Full Article)

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