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The Obama administration wants to reduce oil consumption, increase renewable energy supplies and cut carbon dioxide emissions in the most ambitious transformation of energy policy in a generation.

Most of the investments by oil companies go to traditional fossil-fuel resources, including carbon- intensive energy sources like tar sands, above, and natural gas from shale.

Asian Development Banks 2009 pipeline includes a $1 million proposed regional technical assistance (Reta) on climate change for Central Asian countries, including Pakistan.

The Obama administration wants to reduce oil consumption, increase renewable energy supplies and cut carbon dioxide emissions in the most ambitious transformation of energy policy in a generation.

South Africa's ANC party, expected to win elections this month, is promising a new energy strategy to tackle power shortages and cut greenhouse gases that account for more than two-fifths of the continent's emissions.

A key pillar of this plan is the likely split of the minerals and energy cabinet portfolio, to remove red tape that critics say is bogging down the ministry's performance.

Smriti Kak Ramachandran

NEW DELHI: The Delhi Government

MOVING in to make states comply with an existing rule to have a certain portion of their power grid reserved for green energy, the government is planning to set up a renewable power exchange that would issue certificates to surplus states which can be sold to deficit states looking to fill their mandatory quota.

A business meet on renewable energy sources was held here recently. The meet was organized by Sikkim Renewable Energy Development Agency (SREDA) in collaboration with Indian Renewable Energy Sources, a Government of India Undertaking.

Green Infra Ltd, promoted by IDFC Private Equity fund, is set to invest over Rs 3,000 crore in renewable power generation projects in India by the end of the current Plan period (2012).

U.S. Interior Secretary Ken Salazar said on Thursday he expects his department to finalize rules for offshore renewable energy in a few months.

"I expect that because we have done so much work on these rules that a good time horizon is within the next couple of months that we will have these rules finalized," Salzar told reporters at energy forum.

U.S. environmental groups on Wednesday published online maps of the American West with vast areas that they said should be off-limits for renewable energy projects begun by the Obama administration.