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India green energy to power jump in CER issuance: study

Thu, 05/13/2010 - 3:25am
Reuters

SINGAPORE (Reuters) - A surge in renewable energy investments could drive a tripling of U.N.-backed carbon offsets issued to emission reduction projects in India by end-2012, a report said on Thursday.

And a jump in issuance of carbon credits to renewable energy projects alone could be worth 40 billion rupees ($890 million) by end-2012, leading Indian research house CRISIL said in the study.

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