Business Daily from THE HINDU group of publications
Wednesday, Aug 23, 2006


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Environment
APP to promote clean tech adoption by members

Our Bureau

Task forces to submit reports by month-end

New Delhi , Aug. 22

With an aim to promote clean technology adoption by six member countries, the Asia Pacific Partners (APP), led by the US, would talk to multilateral funding organisations to offer low-cost credit, Mr James L. Connaughton, the White House Chairman of Council on Environmental Quality, said here on Tuesday.

Under the APP, the US has joined hands with Australia, China, India, Japan and South Korea to create a partnership on clean development, energy security and climate change.

Pointing out that the six member countries of the APP account for about 50 per cent of the world's population, coal and petroleum consumption, Mr Connaughton said that various task forces on cleaner fossil energy, renewable energy, power generation and transmission, steel, aluminium, cement, coal mining, and buildings and appliances are expected to submit reports by the month-end. In October, the task force proposals would be finalised, he added.

Though Mr Connaughton did not specify the exact mechanism that would ensure adoption of cleaner technology, he indicated the mechanism is likely to include tax incentives for clean technologies. He was speaking at an industry interaction meet organised by FICCI.

"We can learn from each others' experience in clean technologies — while India has advanced cement manufacturing technology and largest CNG-based fleet, the US has lessons to offer on capturing methane from coal mines," he said.

When asked if all member countries would be expected to aim for equal green house gas reduction responsibilities, he said there is a recognition that each country is in a different stage in its development path.

More Stories on : Environment

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Job scheme for retired defence staff


Biogas plants for Tuticorin district
US economy: Market too pessimistic?
New fund-raising route for clean tech projects
APP to promote clean tech adoption by members
Kamal Nath to attend ASEAN meet
No conclusive evidence of cola pesticides: Govt
TERI, GTZ award for fighting AIDS
Stricken baby
Go ahead for 46 new SEZs
Bengal Govt keen on auto parts cluster development
Crude oil production up 4.1 pc in July
Indian pharma companies top DMF filings
South Korea textile exhibition
RBI panel for SME debt fund for North-East
UTI Bank debit card for SMEs
Singareni Collieries, NTPC to form joint venture
Ban on entry of visitors to airports lifted
Mumbaikars turn to FM radio due to `cable' fault
IIMC, NIIT to offer executive programmes
Dabbawala model — a unique Mumbai phenemenon
U21 Global to tie up with IIM-B for online course
MIOT Hospitals chalks out growth strategy
Tayal group forays into real estate
Certification for quality in construction planned
Plum property
`Home textiles, emerging segment of handlooms'
GVFL plans biotech, SME funds
Independent status sought for drug authority
Mining in tribal tract draws flak
CPI(M) demands ban on iron ore exports
India accounts for major portion of FDI in Lanka
Nod for Louis Vuitton retail trading proposal
Qualcomm programme
Workshop on electronic, optical devices
TiE Bangalore chapter president
SEBI to resume UIN registration
Centre decides to cap import of Lankan pepper
AP releases flood-tolerant rice for trial
ONGC increases gas production, supplies at Hazira
`Private wireless networks best in times of disasters'
Rajasthan plans to increase length of runways
Kolkata port invites EoIs from cruise operators


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line