Long-term greedy is a term that a Goldman Sachs partner made famous, by way of self-definition . It is as good a description as any of making profits in a sustainable fashion. Lafarge displayed short-term greed when it violated the law in obtaining Forest Clearance for a limestone mining project in Meghalaya’s Khasi hills, to supply raw material for its own cement plant in neighbouring Bangladesh. It described the mining...

Maheshwar (Khargone district, M.P.): “ Hamaari ladaai vikas se nahi, visthaapan se hai [Our fight is against displacement, not development],” Radhe Shyam Patidar of Pathrad village says, with a hint of aggression visible in the wrinkles around his ageing eyes. “We are only demanding proper rehabilitation for our village and we will not back down on that,” he says. Interestingly, whether the Maheshwar dam project, India's first privately financed hydroelectric project,...

A team of experts from the Indian government has released a damning report on the activities of FTSE 100 company Vedanta Resources, and its plans to mine for bauxite on tribal land in Orissa, India. The report says Vedanta has broken the law and appears to have violated a Supreme Court order. It concludes that the company’s proposed bauxite mine ‘may lead to the destruction of the Dongria Kondh as a...

Vedanta Aluminium has violated forest conservation guidelines and failed to follow the Forest Rights Act in letter and in spirit at a proposed bauxite mine project in the Niyamgiri Hills of Orissa, according to a report submitted by a three-member team to the Union Environment and Forests Ministry. Following allegations about the project earlier this year, the Ministry constituted the team — with a forestry official, a former government wildlife official...

For nuclear plant at Jaitapur, only site clearance is granted Environment and development have to be balanced Reacting to reports on Monsanto's admission of pest resistance to its transgenic cotton, Union Minister of State for Environment and Forests Jairam Ramesh on Saturday said the issue needed to be properly examined. The Minister said he had also seen an earlier report from the Central Institute for Cotton Research, Nagpur, which pointed out insect resistance...