Identifier
Created
Classification
Origin
09NEWDELHI576
2009-03-26 10:51:00
UNCLASSIFIED
Embassy New Delhi
Cable title:
INDIA'S ECONOMIC STIMULUS PACKAGES LACK A GREEN FOCUS
how-toVZCZCXRO0461 RR RUEHAST RUEHBI RUEHCI RUEHDBU RUEHHM RUEHLH RUEHLN RUEHMA RUEHNEH RUEHPB RUEHPOD RUEHPW RUEHTM RUEHTRO DE RUEHNE #0576 0851051 ZNR UUUUU ZZH R 261051Z MAR 09 FM AMEMBASSY NEW DELHI TO RUEHC/SECSTATE WASHDC 5904 INFO RUCNCLS/ALL SOUTH AND CENTRAL ASIA COLLECTIVE RUEHZN/ENVIRONMENT SCIENCE AND TECHNOLOGY COLLECTIVE RHEBAAA/DEPT OF ENERGY WASHDC
UNCLAS NEW DELHI 000576
SIPDIS
STATE FOR OES/EGC BARBARA DE ROSA-JOYNT AND ED FENDLEY STATE FOR
OES/PCI, SCA/INS
STATE FOR STAS
DOE FOR INTERNATIONAL
E.O. 12958: N/A
TAGS: SENV EFIN ENRG KGHG IN
SUBJECT: INDIA'S ECONOMIC STIMULUS PACKAGES LACK A GREEN FOCUS
REF A: STATE 26022
REF B: 08 NEW DELHI 3177
REF C: NEW DELHI 22
UNCLAS NEW DELHI 000576
SIPDIS
STATE FOR OES/EGC BARBARA DE ROSA-JOYNT AND ED FENDLEY STATE FOR
OES/PCI, SCA/INS
STATE FOR STAS
DOE FOR INTERNATIONAL
E.O. 12958: N/A
TAGS: SENV EFIN ENRG KGHG IN
SUBJECT: INDIA'S ECONOMIC STIMULUS PACKAGES LACK A GREEN FOCUS
REF A: STATE 26022
REF B: 08 NEW DELHI 3177
REF C: NEW DELHI 22
1. This cable is in response to Ref A seeking information regarding
green investments in India's economic stimulus packages. On
December 7, 2008, the Government of India announced a fiscal
stimulus package of approximately 4 billion USD (Ref B). This was
followed-up on January 2, 2009 with a GOI announcement of additional
fiscal and monetary steps aimed at reviving economic growth (Ref C).
The two packages are not focused in any way on green investment,
green growth, or a move towards a green economy.
2. Despite the lack of a green agenda in India's stimulus packages,
there has been a very small ancillary result that has a beneficial
impact on the environment. As part of the January 2, 2009 package,
the GOI announced Indian states will be provided with financial
assistance to purchase buses for their urban transport systems.
There is no requirement nor recommendation that said buses need be
"green" in either efficiency or type of fuel. However, the National
Capital Territory of Delhi requires all on-road public
transportation to be fueled by Compressed Natural Gas.
Consequently, the buses purchased by Delhi using stimulus funding
will be CNG buses. Delhi is alone among Indian states in requiring
CNG fuel in public transport.
3. The stimulus packages have not specifically designated any funds
for renewable energy or any of the areas noted in Ref A paragraph 5.
As noted in Ref B, the Indian stimulus did lower gasoline and
diesel prices by approximately 10% and 5% respectively.
WHITE
SIPDIS
STATE FOR OES/EGC BARBARA DE ROSA-JOYNT AND ED FENDLEY STATE FOR
OES/PCI, SCA/INS
STATE FOR STAS
DOE FOR INTERNATIONAL
E.O. 12958: N/A
TAGS: SENV EFIN ENRG KGHG IN
SUBJECT: INDIA'S ECONOMIC STIMULUS PACKAGES LACK A GREEN FOCUS
REF A: STATE 26022
REF B: 08 NEW DELHI 3177
REF C: NEW DELHI 22
1. This cable is in response to Ref A seeking information regarding
green investments in India's economic stimulus packages. On
December 7, 2008, the Government of India announced a fiscal
stimulus package of approximately 4 billion USD (Ref B). This was
followed-up on January 2, 2009 with a GOI announcement of additional
fiscal and monetary steps aimed at reviving economic growth (Ref C).
The two packages are not focused in any way on green investment,
green growth, or a move towards a green economy.
2. Despite the lack of a green agenda in India's stimulus packages,
there has been a very small ancillary result that has a beneficial
impact on the environment. As part of the January 2, 2009 package,
the GOI announced Indian states will be provided with financial
assistance to purchase buses for their urban transport systems.
There is no requirement nor recommendation that said buses need be
"green" in either efficiency or type of fuel. However, the National
Capital Territory of Delhi requires all on-road public
transportation to be fueled by Compressed Natural Gas.
Consequently, the buses purchased by Delhi using stimulus funding
will be CNG buses. Delhi is alone among Indian states in requiring
CNG fuel in public transport.
3. The stimulus packages have not specifically designated any funds
for renewable energy or any of the areas noted in Ref A paragraph 5.
As noted in Ref B, the Indian stimulus did lower gasoline and
diesel prices by approximately 10% and 5% respectively.
WHITE