In the US, states like California, Texas and New Y
ork are taking the cause with seriousness. California’s Governor Arnold Schwarzenegger stated in a symposium in California recently, “This is our race to the moon. And like that race, this too would be one giant leap for mankind.” He has vowed to make California “number one” in the fight against global warming (though the Bush government has recently refused to budge on a critical Environmental Protection Agency waiver that California sought to cut down emissions). The AB-32 bill by California mandates around 25% cut in carbon emissions in the state by 2020, which would bring it back to 1990 levels. Eleven states have now followed the California standard. Close home, Prodipto Ghosh, India’s Environment Secretary, has put forth that by the year 2020, India will have “more than a 25% decrease in greenhouse gas emissions.” Promisingly, some Indian businesses (600 odd, as on date) have been given incentives for carbon credits under the Clean Development Mechanism of Kyoto Protocol, and over 600 projects have already been approved.
For Complete IIPM Article, Click on IIPM Article
ork are taking the cause with seriousness. California’s Governor Arnold Schwarzenegger stated in a symposium in California recently, “This is our race to the moon. And like that race, this too would be one giant leap for mankind.” He has vowed to make California “number one” in the fight against global warming (though the Bush government has recently refused to budge on a critical Environmental Protection Agency waiver that California sought to cut down emissions). The AB-32 bill by California mandates around 25% cut in carbon emissions in the state by 2020, which would bring it back to 1990 levels. Eleven states have now followed the California standard. Close home, Prodipto Ghosh, India’s Environment Secretary, has put forth that by the year 2020, India will have “more than a 25% decrease in greenhouse gas emissions.” Promisingly, some Indian businesses (600 odd, as on date) have been given incentives for carbon credits under the Clean Development Mechanism of Kyoto Protocol, and over 600 projects have already been approved.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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