`Barack Obama`s carbon emission policy to benefit India`

The new ambitious carbon emission standards announced by the Obama administration can usher in a great India-US cooperation on low-carbon growth strategies, a top Indian industrialist has said.

Washington: The new ambitious carbon emission standards announced by the Obama administration can usher in a great India-US cooperation on low-carbon growth strategies, a top Indian industrialist has said.

"The announcement by the Obama administration that the US will cut carbon emissions from its power sector affirms that the US is serious about climate action, which should have ripple effects in India and around the globe," Jamshyd Godrej, chairman and managing director of Godrej & Boyce said in a statement issued by World Resources Institute yesterday.

He is also a chairman of the Board of World Resources Institute.

On Monday, the US Environmental Protection Agency (EPA) has announced to cut carbon emission from existing power plants by 2030, which is the single largest source of carbon pollution in the US by 30 percent.

It also announced to cut by 2030 particle pollution, nitrogen oxides, and sulfur dioxide by more than 25 per cent as a co-benefit.
Washington: The new ambitious carbon emission standards announced by the Obama administration can usher in a great India-US cooperation on low-carbon growth strategies, a top Indian industrialist has said.

"The announcement by the Obama administration that the US will cut carbon emissions from its power sector affirms that the US is serious about climate action, which should have ripple effects in India and around the globe," Jamshyd Godrej, chairman and managing director of Godrej & Boyce said in a statement issued by World Resources Institute yesterday.

He is also a chairman of the Board of World Resources Institute.

On Monday, the US Environmental Protection Agency (EPA) has announced to cut carbon emission from existing power plants by 2030, which is the single largest source of carbon pollution in the US by 30 percent.

It also announced to cut by 2030 particle pollution, nitrogen oxides, and sulfur dioxide by more than 25 per cent as a co-benefit.
"As the world`s largest economy, the example of the United States will have powerful effects globally.

I hope the United States can lead in creating innovation that can change billions of people`s lives for the better by increasing the use of more efficient and less damaging energy sources," Calderon said.

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