The United States, Europe, China and South Korea lead global "green" spending plans after committing about $500 billion to boost low-carbon technologies and protect the environment, under wider plans to boost the global economy.

Green spend accounts for about 15 percent of total economic stimulus cash of $3 trillion, according to HSBC in a report published on May 22. More detail follows.

Hyderabad, Aug. 6 The grid-based interactive solar power generation projects may get a generation-based incentive from the Centre in addition to the tariff fixed by the State Utility.

The green technology is gaining ground in Bangladesh, as several sectors are adopting the innovations, thanks to growing campaigns against carbon emissions, the lead contributor to global warming.

China

Bangladesh's central bank has launched a 2 billion taka ($29 million) refinance scheme for renewable energy in an effort to help ease power and gas crisis and reduce pollution.

MASEEH RAHMAN

India has decided to push ahead with an ambitious plan to generate clean electricity through the power of the sun - and, after a meeting chaired by the Prime Minister, Manmohan Singh, it wants rich nations to pay the bill.

A government plan for greenhouse gas reduction by 2020 would push down Japan's economic growth by 0.6 percentage points and raise unemployment by 0.2 percentage points in 2020, a government panel report showed on Wednesday.

A new report from the Electric Power Research Institute noted that in order to meet climate goals, the U.S. power industry must implement a full portfolio of technologies.

While we agree that we'll have to pull out all the stops in the race to reduce greenhouse gas emissions, we must not trade one problem for another.

Sanjay Jog

Mumbai: The Maharashtra government under its new policy has proposed a slew of sops such as waiver in the electricity duty, subsidy for evacuation arrangement, 100% expenditure for construction of approach roads to attract investment for renewable projects. By promoting renewable projects, the new policy aims to address challenges posed by the climate change.

BV Mahalakshmi, Rajiv Tikoo

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