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Renewable Energy is Focus of U.S. Congressional Delegation Visit to India

Climate change and renewable energy have been a focus of a senior U.S. Congressional visit to India led by House Speaker Nancy Pelosi, according to the Press Trust of India and other Indian news reports.

Speaker Pelosi said, "Our delegation was very encouraged to hear that the leaders in the Indian business community believe industry can be in the forefront of climate change and energy efficiency initiatives, rather than stand as a barrier to change."

CARMA Watch: Red Light for The World Bank Group on Coal-Fired Power

This post originally appeared on the "Carbon Monitoring for Action" blog.
CGD's CARMA website (Carbon Monitoring for Action) uses information on planned construction of power plants to project increases in carbon emissions during the coming decade. In India, for example, CARMA projects that new facilities will increase CO2 emissions by about 150%, and much of the increase will come from enormous coal-fired plants. CARMA's ranking of Indian power plants on their future emissions shows that Tata Power Corporation's planned Mundra plant in Gujarat will rank third nationally, with projected annual CO2 emissions of 27.8 million tons when it is fully operational. Mundra will be bigger than Georgia's Scherer plant, the largest emitter in the US, which annually spews about 25 million tons of CO2 into the atmosphere.

China ExIm Partners with the IFC for Sustainable Investments

Last month, I reported on the first public release of China's Export-Import Bank's environmental policy and suggested that China's overtures of increased transparency might present an opportunity for other donors to engage China in a more cooperative partnership. It seems the International Financial Corp. (IFC), the World Bank branch for private sector lending, is doing just that.

Four Questions for Bob Zoellick

Robert ZoellickPresident Bush's nomination of Robert Zoellick to be the next president of the World Bank has been mostly well-received in U.S. policy circles and by some leading rich and developing countries.

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