India is now a major carbon sink: govt report

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Dehra Dun, Aug 16 (PTI) India is rapidly transforming itself into a major carbon sink igniting hopes of big funds for maintaining natural green cover, a new report has said.

The report titled “India’s Forest and Tree Cover” prepared by the Union Ministry of Environment and Forests said that from 1995 to 2005, the carbon stocks stored in the country’s forests and trees have increased from 6,245 million tonnes to 6,662 million tonnes registering an annual increment of 38 million tonnes of carbon or 138 million ton of Carbon dioxide.

The report, which was released by Union Minister of state for Forests and Environment Jairam Ramesh recently here, also said that India can get Rs 6,000 crore every year for its carbon sink assuming the value of USD 7 per ton of Carbon dioxide.

Noting that the forest cover accounts for 2.

Deepti Saxena

Posted on August 17, 2009 · in India

{ 5 comments… read them below or add one }

Don Pratt August 18, 2009 at 5:49 am

What a load of rubbish. India is a major polluter producing more CO2 than the whole of Europe. To claim that you are a carbon sink because you let a few trees grow is just? Words defeat me.

subhash rode November 4, 2009 at 7:55 am

What industry has to do for availing carbon credit? Wheather it has to install anti pollution equipment.To whom should they apply for advise and availment?

Don Pratt November 6, 2009 at 8:01 am

I fear that my previous comment may have been seen as a comment on Indian people. My comment only refered to the ‘ Carbon Sink’ posting. As a developing country everything they do to improve their lives creates more CO2. What can they do to reduce CO2 when starting from a low base? The answer is simple, yet its implementation is very complex. Reduce your birthrate. Reduce your population and your individual standard of living will improve. Increase the use of nuclear energy and improve farm yeilds, using irrigation. Manufacture for home consumption not just for export. The list is endless. Love your country. Fond regards Don.

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