Carbon-investments.co.uk Acclaims New Groundbreaking Solar Power Project

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CarbonSoft and Eureka Forbes recently announced the launch of a new programme, which will generate revenue from carbon credits to fund solar lamps and lighting in southern India. Carbon-investments.co.uk, the UK’s leading portal for carbon investments ( http://www.carbon-investments.co.uk) , has released a statement applauding the innovative initiative.

The initiative would reduce poverty and provide off-grid light and would definitely boost the economic development and lifestyle in the rural communities.

Carbon-investments.co.uk recently released a statement applauding a recent breakthrough in solar power technology to be implemented throughout southern India. The initiative is a joint venture of carbon credit aggregator CarbonSoft Corporation and Eureka Forbes, the Mumbai-based supplier of sustainable household goods. The aim of the initiative is to use revenues from the sale of carbon credits to support the distribution of Eureka’s new line of innovative ‘Eurodiya’ solar lamps.

Carbon-investments.co.uk observed that although electricity is a taken-for-granted convenience in most of the developed world, there are still over 1.3 billion people globally who don’t have access to a supply of electricity and who typically must rely on burning kerosene for heating and lighting. Kerosene lamps are known to be very expensive and dangerous to use. They also cause some serious damage to the environment, releasing an estimated 190 million tonnes of carbon dioxide annually into the atmosphere - the equivalent of the emissions from 30 million cars.

At the launch of International Year of Sustainable Energy For All in 2012, UN Secretary General Ban Ki-Moon set forth a number of objectives, including limitation of the practice of burning kerosene for lighting. Carbon-investments.co.uk notes that CarbonSoft’s Indian initiative is taking a leading role in that particular direction.

In its statement, the carbon investments portal emphasises the impressive scope and pioneering nature of the project. The target over the next seven years is to sell 158,000 economical, durable and environmentally friendly lights to households in southern India. According to CarbonSoft, replacing kerosene lamps with energy efficiency solar lamps is expected to cut 80,000 tonnes of carbon dioxide emissions while generating the same number of carbon credits. Revenue from the awarded carbon credits will then be used to compensate for the cost of the lights, making them accessible to even the poorest of households.

According to Eureka Forbes’ CEO, A.V. Suresh, “The initiative would reduce poverty and provide off-grid light and would definitely boost the economic development and lifestyle in the rural communities.” Carbon-investments.co.uk says Eureka Forbes’ goal is a paradigm for achieving energy independence and overall lifestyle improvement in poor communities throughout developing and developed countries alike. The portal believes that providing off-grid power might hold the key to solving severe energy crises worldwide.

“We believe that renewable energy initiatives like the one Eureka Forbes and CarbonSoft have undertaken are essential for achieving energy independence in an environmentally balanced way,” says Tonka Dobreva of Dezz, the UK-based media company operating carbon-investments.co.uk.
“Projects like this one are important as they help us not only to clean up our carbon act, but also to avoid paying ridiculously high costs for energy in the future,” Dobreva adds.

In its statement, carbon-investments.co.uk asserts that more private and public funds should be directed towards the attainment by underprivileged communities of energy sustainability. The portal encourages regional and local governments to incorporate projects like Eureka’s lighting initiative as part of their strategies for hitting long-term national energy efficiency targets.
To learn more about carbon credits and other offset opportunities, visit carbon-investments.co.uk.

About Dezz ( http://www.dezz.com )
Dezz is a UK-based boutique digital media company providing original and reliable up-to-date information in the area of green and sustainable investments to large investment company decision makers, NGOs and to eco-minded individuals.
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