The Copenhagen conference will definitely go down as the worst meeting in global climate negotiations. There is a complete mess here: lines of people standing outside the Bella Centre, where the conference is taking place, wanting to get in. Inside the meeting has broken down for the umpteenth time because industrialized countries refuse to commit to cutting emissions. Instead they want the global climate agreement changed, so that they do...
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Textbook titan who redefined economics by Michael M Weinstein
Paul A. Samuelson, the first American Nobel laureate in economics and the foremost academic economist of the 20th century, died Sunday at his home in Belmont, Mass. He was 94. His death was announced by the Massachusetts Institute of Technology, which Samuelson helped build into one of the world’s great centres of graduate education in economics. In receiving the Nobel Prize in 1970, Samuelson was credited with transforming his discipline from...
More »Slums defy a 'concrete' answer by Sanjeev Sanyal
There is every sign that India is launching into a period of rapid urbanisation. In the next 30 years, an additional 350 million people will have to be accommodated in our existing towns as well as in brand new urban spaces. Given our inability to cater to even the existing urban population, there are serious concerns about our ability to deal with the influx. Are we entering a world of...
More »Easing change in the climate will be costly by John M Broder
In energy infrastructure alone, the transformational ambitions the Copenhagen meet is expected to set will cost more than $10 trillion in additional investment. If negotiators reach an accord at the climate talks in Copenhagen it will entail profound shifts in energy production, dislocations in how and where people live, sweeping changes in agriculture and forestry and the creation of complex new markets in global warming pollution credits. So what is...
More »The Tragedy of the Himalayas by Bryan Walsh
The road to Khardung La begins in the Indian town of Leh on the northwestern fringe of the Himalayas. Exhaust-spewing army trucks rattle up the side of dry rock, past Buddhist monasteries clinging to the craggy mountainside and alongside small farms barely scraping fertility from the earth. Khardung La, the highest motorable mountain pass in the world, is more than 18,000 ft. above sea level, the air so thin that...
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