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Losing the climate fight

-The Business Standard Worryingly, investment in clean energy declines  Global investment in clean energy will decline perceptibly this year for the first time in eight years, signalling an unwarranted complacency in the fight against climate change. A report by Bloomberg New Energy Finance says funding for renewable energy generation in the first three quarters of this year was $164.2 billion, down from last year’s $196.4 billion. The downturn is the steepest at...

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ACs, refrigerators may get more expensive -Nitin Sethi

-The Times of India The cost of air-conditioners and refrigerators could go up considerably starting next Summer if the US and other rich countries force a decision at the UN climate talks in November at Doha, to order a global ban on existing refrigerant gases and replace them with costly though relatively more climate-friendly alternatives. One of the alternatives being proposed is produced jointly by DuPont and Honeywell, two US-based multinationals, and...

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Climate change poses grave threat to Indian cities -Chinmayi Shalya

-The Times of India MUMBAI: Climate change and reckless development are leaving Mumbai increasingly vulnerable to the elements. A news report on an ongoing climate study places India's financial capital sixth in a list of 20 port cities worldwide at risk from severe storm-surge flooding, damage from high storm winds and rising seas. By 2070, according to the study, an estimated 11.4 million people and assets worth $1.3 trillion would be...

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A Delhi particular

-The Economist MID-AFTERNOON in Delhi, and a red blob looms in the haze. The sun barely illuminates the city. A yellow-green smog hangs low. Even indoors, fuzzy halos of dust and smoke surround lamps. Those foolish enough to be out jogging, or compelled to stand at junctions directing traffic, complain of shortness of breath, migraines, clogged lungs. Newspapers are crammed with articles about asthma, wheezing children at clinics, an epidemic of...

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Pro-reform push in Congress show of strength today

-The Times of India Congress will hold a massive rally on Sunday to defend its decision to allow FDI in multi-brand retail, in what will showcase government's new assertiveness on reforms and the backing extended by the Congress brass in the face of populist criticism that giant retailers will harm farmers' interests and pop and mom stores. The party has, especially its units in Delhi and neighbouring Haryana, have pulled out all...

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