Spiritual guru favours carbon taxDecember 22nd, 2011 - 10:02 pm ICT by IANS
Kolkata, Dec 22 (IANS) Spiritual guru Sohom Baba, one of the UN appointed observers at the recently concluded climate summit at Durban, South Africa, Thursday called for imposing carbon tax on the industrial sector in a phased manner.
“A carbon tax can be introduced on the industrial sector in a phased manner. With studies predicting increase in carbon emissions in the country, through tax sufficient funds can be created for fighting climate change and introduction of cleaner technologies,” Sohom Baba said here.
He also said that carbon pricing will act as an incentive for the industry to invest in clean energy sources.
Stating that global warming can result in submerging of hundreds islands in India, he said the only way out was afforestation.
“Research needs to be conducted on how many trees are to be planted in India and globally in order to reduce the temperature worldwide by 1-2 degree Celsius. India needs to initiate her own tree planting fund within the country,” he said.
He called upon investors to venture into renewable power sources.
“We have a rich resource of over 2,000 natural and 65,000 man-made lakes. If even one percent of the water surface is used for floating photo-voltaic projects, the generation potential would be about 3,260 MW,” he said.
“The corporate hubs can penetrate into this sphere and with central and state subsidies they can set up plants to tap the abundant energy lying untapped,” he added.
He also urged the government to “carefully handle” the issue of foreign direct investment to protect the country from greenhouse gas emissions as giant corporates from developed countries were setting up units in the country which was increasing the emissions.
- Global energy panel calls for investment in clean energy - Sep 04, 2012
- Faulty model behind US underestimating carbon costs - Sep 18, 2012
- More clarity and flexibilty needed for carbon trade - Sep 08, 2010
- Durban climate talks: What it means for India? - Dec 15, 2011
- Solar Energy Corp to develop India-centric technology and products - Jul 08, 2012
- Solar power plant inaugurated in Gujarat - Jan 22, 2011
- 'Investment in solar power projects to double by 2015' - Oct 28, 2010
- Mandatory carbon disclosure for telecom sector welcomed - Jan 14, 2012
- Danish, Chinese cities collaborate on climate issues - Dec 29, 2011
- India's solar mission visionary: Australian report - Jun 26, 2011
- 'ICT can reduce 10 percent of greenhouse gas emissions' - Dec 14, 2010
- Himachal project to get carbon credit in first for India on public land - Oct 31, 2011
- Himachal to earn carbon credits with more forests - Jun 19, 2011
- The Climate Change Terminology (To go with Curtain Raiser) - Nov 27, 2011
- India should scale up green technologies: UNIDO chief (Interview) - Feb 05, 2012
Tags: abundant energy, carbon emissions, carbon tax, clean energy, climate change, climate summit, corporate hubs, degree celsius, developed countries, durban south africa, energy sources, foreign direct investment, greenhouse gas emissions, industrial sector, man made lakes, renewable power sources, rich resource, spiritual guru, state subsidies, water surface