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  • Tata Power Pitches In For Geothermal Energy
    12:54:06 pm on September 12, 2008 | 2 | # |
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    Australian hot rocks now have an Indian hand on them.India based , Tata Power has been allotted 11% of Australian based  Geodynamics , estimated to be nearly 40 million.Geodynamics managing director Gerry Grove-White says that the deal is to build a formidable financial position for making future investment decisions and also serve as a platform for sharing technical knowledge and exploring opportunities outside Australia.Seems that Geodynamics is looking for some action the $US4.2 billion 4000MW "   ultra mega power project   " in the state of Gujarat in India.

    Geodynamics is currently drilling its third deep geothermal energy well near Innamincka in the Cooper Basin in far north South Australia. The company has also conducted flow tests between its first two wells, thus advancing a step ahead in proving the concept of engineered geothermal energy production.

     
  • India says no to Kyoto yes to Climate Plan
    11:49:42 am on July 8, 2008 | 0 | # |
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    Developing countries such as India and china have come been repeatedly criticized for their voracious appetite for energy thus contributing to increased pollution and rising oil prices. According to Bush (the soon to be replaced US president!) the improvement in eating habits of people in “ poorer ” countries such as India is responsible for food grain shortage and not the biofuel policy mess that he has crafted. Now India plans to form eight commissions to promote solar energy, energy efficiency and water conservation to mitigate damage to environment.

    India has recently rejected a proposal by US and Japan to replace national limits on industrial pollution by Kyoto limits. Being a developing country India is not subject to Kyoto protocol. Further India has amply demonstrated its commitment to reduce pollution by implementing the above mentioned process. As Indian minister Mr. Shyam Saran says “ This does demonstrate that we are prepared to be responsible global citizens and join others in a collaborative effort to deal with climate change ” . India has further appealed industrialized nations for emissions cuts and also requested for technological and monetary assistance for developing indigenous carbon reduction measures.