Karwar is a port town tucked between the sea on one side and the Western Ghats on the other, Karwar is an unexplored destination. An attempt is made to List the Tourism Potential and all the Good things that one can see and do and explore in Karwar.
Wednesday, August 12, 2009
Hankon Thermal Power Plant - 2 - Kyoto Protocol vis-a-vis India
Kyoto includes defined "flexible mechanisms" such as Emissions Trading, the Clean Development Mechanism and Joint Implementation to allow annex I economies to meet their GHG emission limitations by purchasing GHG emission reductions credits from elsewhere, through financial exchanges, projects that reduce emissions in non-annex I economies, from other annex I countries, or from annex I countries with excess allowances. In practice this means that non-annex I economies have no GHG emission restrictions, but have financial incentives to develop GHG emission reduction projects to receive "carbon credits" that can then be sold to annex I buyers, encouraging sustainable development. In addition, the flexible mechanisms allow annex I nations with efficient, low GHG-emitting industries, and high prevailing environmental standards to purchase carbon credits on the world market instead of reducing greenhouse gas emissions domestically. Annex I entities typically will want to acquire carbon credits as cheaply as possible, while non-annex I entities want to maximize the value of carbon credits generated from their domestic Greenhouse Gas Projects.
Among the annex I signatories, all nations have established Designated National Authorities to manage their greenhouse gas portfolios; countries including Japan, Canada, Italy, the Netherlands,Germany,France, Spain and others are actively promoting government carbon funds, supporting multilateral carbon funds intent on purchasing carbon credits from non-annex I countries, and are working closely with their major utility, energy, oil and gas and chemicals conglomerates to acquire greenhouse gas certificates as cheaply as possible. Virtually all of the non-annex I countries have also established Designated National Authorities to manage the Kyoto process, specifically the "CDM process" that determines which GHG Projects they wish to propose for accreditation by the CDM Executive Board.
The treaty was negotiated in Kyoto, Japan in December 1997, opened for signature on 16 March 1998, and closed on 15 March 1999. The agreement came into force on 16 February 2005 following ratification by Russia on 18 November 2004. As of 14 January 2009, a total of 183 countries and one regional economic organization (the EC) have ratified the agreement (representing over 63.7% of emissions from annex I countries).
commitments to reduce greenhouse gases that are legally binding for annex I countries, as well as general commitments for all member countries;
implementation to meet the Protocol objectives, to prepare policies and measures which reduce greenhouse gases; increasing absorption of these gases and use all mechanisms available, such as joint implementation, clean development mechanism and emissions trading; being rewarded with credits which allow more greenhouse gas emissions at home;
minimizing impacts on developing countries by establishing an adaptation fund for climate change;
accounting, reporting and review to ensure the integrity of the Protocol;
compliance by establishing a compliance committee to enforce compliance with the commitments under the Protocol.
India signed and ratified the Protocol in August, 2002. Since India is exempted from the framework of the treaty, it is expected to gain from the protocol in terms of transfer of technology and related foreign investments. At the G8 meeting in June 2005, Indian Prime Minister Manmohan Singhpointed out that the per-capita emission rates of the developing countries are a tiny fraction of those in the developed world. Following the principle of common but differentiated responsibility, India maintains that the major responsibility of curbing emission rests with the developed countries, which have accumulated emissions over a long period of time. However, the U.S. and other Western nations assert that India, along with China, will account for most of the emissions in the coming decades, owing to their rapid industrialization and economic growth.