Business Standard
Saturday, Feb 18, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 
Indian industry has two years for changing technologies: Sibal
BS Reporter / New Delhi December 19, 2007
The Union science and technology minister Kapil Sibal today said that Indian industry had at least two years to adopt low carbon technologies before any mandatory emission levels are fixed for the developing countries by the United Nations.
 
Speaking on the recent Bali convention on climate change where Sibal had led the Indian delegation at the hard negotiations, the minister said, “The next two years are going to see intense negotiations on actualising the Bali roadmap.’’
 
Sibal said that India along with China had managed to stave off pressure and remained non-committal on reduction in emissions. He quoted the draft of the United Nations Framework Convention on Climate Change, that was cleared at Bali, to make his point.
 
The draft says that there would be national and international action on mitigating climate change including the “naturally appropriate mitigation actions by developing country parties in the context of sustainable development, supported and enabled by technology, financing and capacity building in a measurable, reportable and verifiable circumstances.’’
 
This, Sibal says, means that while developing countries can continue to work on poverty reduction and development, the developed nations would have to provide them technological and financial help.
 
The minister, however, said India was committed to draw a national road map for acting on reducing the impact of global warming.
 
“The Prime Minister himself heads an experts’ panel on climate change and it is likely to give its report in the coming year,” Sibal said.
 
Besides, Sibal said the biggest achievement at Bali was the US getting on board on the climate change protocol.
 
“It is immaterial whether the US ratifies Kyoto protocol but the country endorsing the draft convention at Bali had the US to commit itself to reducing emissions.’’

 
 

Indian industry has two years for changing technologies: Sibal
BS Reporter / New Delhi Dec 19, 2007, 04:55 IST

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Weekly: Indices surge 3% led by rate sensitives
- Domestic news for the week
- G20 foreign ministers to discuss global issues in Mexico
- Indian cos invested $26 bn in US in 5 yrs: Nirupama Rao
- UP gears up for fourth phase of polls
  Read Business news in 
- Now property search gets more exciting than ever before!
- High Growth Business Opportunities in Africa - Register to explore
- Medium-sized businesses are the engines of a smarter planet.
- Office 365 for professionals and small businesses.
- Earn fuel worth Rs.2400 with Citi
- India's No. 1 Property Site. Click here to know more..
- Diseases earlier, Saving Costs, Extending Lives. Know More..
- Get 5% cashback on telephone bills with Citi
- Enjoy the journey as much as the destination. click to know more..
- Exim Bank Conclave on India - Africa Project Partnership. Know more..
- Creating Wealth made simple the SIP way. Know more..
- Only Developer to give a guarantee on time space & rate.
- Buy Your Property with Our Triple Guarantee in India.
- Improve Patient Care & Experience. Click here to know more
- Win a Business Class Ticket to Europe..Know more..
-  Introduce a New Automotive Luxury Car.. know more
Sorry, comments to this story are closed
Latest Messages
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
Most Popular
Read
E-Mailed
Commented
   
- T N Ninan: Saving Mumbai
- Aditi Phadnis: The battle lines for Behenji
- Nissan mulls to launch its top-selling electric car in India
- Deepak Lal: Rights, stakes and Newspeak
- The malt of India
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
  Hot Searches  
 
IRFC bond |  Antrix-Devas |  Rafale fighter |  Junglee |  IPL 5 |  Dhanlaxmi Bank |  Thomas Cook |  TCS |  Sarfaesi Act |  Vodafone |  Aakash tablet |  Sodexo |  Rupee |  Samsung Galaxy Note |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  Anna Hazare |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us