Indian companies will need to watch out for possible impact on them from the 2015 Paris Climate Conference.
Decisions will include:
8Increasing energy efficiency in industry, buildings and transport
8Phasing out the use of least efficient coal fired power plants
8Increasing investment in renewables, including hydro
8Gradual phasing out of inefficient fossil fuel subsidies
8Reducing methane emissions from oil and gas production
The target seems to be to ensure that emissions peak by 2020 before they begin coming down.
The window seems to be very narrow to be able to limit temperature change to two degress centigrade. Already around 40 per cent of the allowable emissions to keep temperature change to 2 degrees have been exhausted, and the entire quota will be over by 2040.
For more details visit indianpetroplus.com
Decisions will include:
8Increasing energy efficiency in industry, buildings and transport
8Phasing out the use of least efficient coal fired power plants
8Increasing investment in renewables, including hydro
8Gradual phasing out of inefficient fossil fuel subsidies
8Reducing methane emissions from oil and gas production
The target seems to be to ensure that emissions peak by 2020 before they begin coming down.
The window seems to be very narrow to be able to limit temperature change to two degress centigrade. Already around 40 per cent of the allowable emissions to keep temperature change to 2 degrees have been exhausted, and the entire quota will be over by 2040.
For more details visit indianpetroplus.com
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