- Saving in fuel
- Capacity utilization of cars.
- Reduced vehicular pollution (benefits local citizens).
- Reduced Green House Gas emissions (8 lakh tons) (benefits globally)
- Reduced driving stress/road rage
- Higher traffic speed (benefits all road users, not just cars
- Reduced investment requirements in transport infrastructure
- Reduced parking space demand (benefits all businesses).
- Social/ business networking opportunity.
- Carbon credits (Rs. 100 crores).
News
Kyoto climate pact in intensive care, says India
Dec 16, 2009 - Times of India
COPENHAGEN: The Kyoto Protocol which binds nearly 40 rich nations to limit carbon emissions is in "intensive care" and global negotiations to extend the pact have stalled, India's environment minister Jairam Ramesh said on Wednesday.
More than 190 countries are meeting in Copenhagen to agree the outlines of a new global deal to combat climate change, hoping to seal a full treaty next year to succeed the Kyoto Protocol.
Developing countries want rich nations to be held to their Kyoto obligations, and sign up to a second round of tougher commitments from 2013.
But Jairam Ramesh said many developed countries were "vehemently opposing" the protocol and some of them wanted a single new accord obliging all nations to fight global warming.
"The sense we get is that Kyoto (Protocol) is in intensive care if not dead," Ramesh told reporters.
More than 190 countries are meeting in Copenhagen to agree the outlines of a new global deal to combat climate change, hoping to seal a full treaty next year to succeed the Kyoto Protocol.
Developing countries want rich nations to be held to their Kyoto obligations, and sign up to a second round of tougher commitments from 2013.
But Jairam Ramesh said many developed countries were "vehemently opposing" the protocol and some of them wanted a single new accord obliging all nations to fight global warming.
"The sense we get is that Kyoto (Protocol) is in intensive care if not dead," Ramesh told reporters.
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