With a gas-guzzler of an economy, India had been spending tens of billions of dollars annually to import petroleum. And so its 2009 policy on biofuels mandated that by 2017, India would have enough biofuel production to cover at least 20 percent of the country’s oil consumption. The government has in fact been encouraging the cultivation of jatropha curcas for the past seven years, believing that would be the fastest way...
More »SEARCH RESULT
UN identifies strategies to accelerate development and poverty reduction
Development models that focus attention on the poor while expanding job opportunities, increased government spending on social services and aid flows from affluent nations are all successful strategies for alleviating global poverty, the United Nations says. Access to low carbon energy and mobilizing domestic capital by, for example, improving tax collection, are the other factors the UN Development Programme (UNDP) identifies in a new report as crucial factors for the...
More »People-friendly growth by BG Verghese
The Supreme Court on May 7 ruled that natural resources were national assets that belonged to the people and were ideally exploited by public sector undertakings. This obviously implies that local communities, including tribals, living on mineralised land, enjoy entitlements but not prescriptive ownership rights to such national assets. This is an important reiterative clarification defining mineral rights in Fifth Schedule areas that are currently in contention. Whether PSUs should...
More »India opposes carbon tax on imports by Padmaparna Ghosh
India has opposed suggestions that countries that have cap-and-trade schemes to control carbon emissions—mostly developed countries—impose a carbon tax on imports from nations that don’t have such measures in place, made at the ongoing global climate talks in Bonn. “The matter of any unilateral trade measure on imports in the name of climate action raises some concerns regarding the success of our discussions,” Vijay Sharma, secretary, ministry of environment and forests,...
More »Climate crusader’s legacy: 121.1 tonnes of carbon by Martin Evans
Rajendra Pachauri, the embattled head of the UN’s climate change panel, clocked up more than half a million miles of air travel in a year and a half as he travelled the world warning of the global warming threat. On his international missions, Pachauri, the chairman of the Intergovernmental Panel on Climate Change (IPCC), called for radical action to stave off environmental disaster. He urged people to eat less meat, pay...
More »