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ADB to lend India $500 mn for renewable energy project

-Reuters NEW DELHI: The Asian Development Bank will provide a $500 million loan to build a transmission system for solar and wind energy in western India, the bank said on Friday, a day after it announced a $400 million package for a water and sanitation programme in the eastern part of the country. The loans from the Manila-based bank come at a time when India is looking to boost dollar inflows to...

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Global warming lull haunts authors of key climate report

-AP STOCKHOLM: Scientists working on a landmark UN report on climate change are struggling to explain why global warming appears to have slowed down in the past 15 years even though greenhouse gas emissions keep rising. Leaked documents obtained by Associated Press show there are deep concerns among governments over how to address the issue ahead of next week's meeting of the Intergovernmental Panel on Climate Change. Climate skeptics have used the lull...

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The heat trap -R Suresh

-Frontline A World Bank report on climate change warns that a warmer world will trap millions in poverty. "Much of the advance of European capitalists and other members of the European ruling class was at the cost of the colonised and enslaved peoples of Africa, Asia and Latin America," says Amiya Kumar Bagchi in his book "Perilous Passage: Mankind and the Global Ascendancy of Capital." Capitalist expansion following the Industrial Revolution involved...

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A new technology may make fertilizers irrelevant -Subodh Varma

-The Times of India NEW DELHI: The whole world depends on fertilizers for growing crops because they provide one of the most essential elements needed for plants - nitrogen. Although nitrogen is the largest component of air, plants do not have the ability to absorb it directly. So, they have to depend on nitrogen in the soil. Only legumes like peas, beans and lentils have a method of absorbing nitrogen by...

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Air pollution costing economy Rs 3.75L crore a year: World Bank -Dipak Kumar Dash

-The Times of India NEW DELHI: Only outdoor air pollution in urban areas claims 1.09 lakh lives of adults, another 7,513 of children below 5 years annually, says a latest report of World Bank. The study released on Wednesday revealed that the annual cost of environmental degradation in India is about Rs 3.75 lakh crores, which is equivalent to 5.7% of country's GDP. The study commissioned by the Central government has brought...

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