Wednesday, December 23, 2009

Isramart : Delhi Metro on track to earn carbon credits

Isramart news:
While the Copenhagen summit failed to get all countries on board on the issue of climate change, the Delhi Metro Rail Corporation (DMRC) claims to have carved out a green path for itself.

The DMRC has submitted a Clean Development Mechanism (CDM) proposal to the Ministry of Environment and Forests to earn carbon credits for the ‘modal shift’ of Metro commuters. The logic: Metro commuters are preventing carbon emissions by using public transport, as opposed to private cars.

The ministry is considering the project. If it comes through, it is likely to open doors for similar CDM projects for other public transport systems — the CNG-run Bus Rapid Transit system, for example, could be one.

Another CDM project of the Delhi Metro — saving energy through ‘regenerative’ braking in trains — has also begun to rake in carbon credits. This makes Delhi Metro the first government agency in the Capital, and the first railway system in the world, to earn carbon credits. Under the same project, DMRC will now earn credits for its first phase of operation — between 2004 and 2007.