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Article: India can earn USD 100 bn from CERs: Official.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- April 29, 2009
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India can earn USD 100 bn from CERs: Official
New Delhi, Apr 29 (PTI) India can earn a whopping 100 billion dollar from carbon credit trading and is likely to add 160-180 projects every year, the government today said.
"India has the capacity of earning 100 billion dollar by certified emission reductions (CERs) trade. About 930 carbon credit projects are lying in the country, while 160-180 such projects are likely to be added every year," Ministry of Heavy Industries and Public Enterprises Secretary S N Dash said at a function organised by the industry body CII, here.
The country has sold already CERs worth 300 million dollar in the global ...