Union Cabinet on 25th May 2016 gives ex post factor approval to India-Japan MoU
Q. Union Cabinet gives ex post factor approval between India and which nation for low carbon thermal power development in India?- Published on 26 May 16a. Japan
b. China
c. Indonesia
d. Philippines
ANSWER: Japan
The Union Cabinet on 25 May 2016 gave ex-post facto approval to the MoU between Indian and Japan for promoting sustainable, stable and low-carbon thermal power development in India.
- The Memorandum of Understanding (MoU) will help India in formulating suitable policies and developing technologies involved in producing sustainable, stable and low-carbon thermal power.
- The agreement will support Clean Coal Technology (CCT) for thermal power plants such as Ultra Super Critical (USC) and other environmental technologies.
- It will also explore possibilities for acquisition of carbon credits with bilateral or multilateral offset schemes that are anticipated to be materialized in the future as a result of low-carbon power development.