-World Resources Institute A new report from the U.N. Environment Programme (UNEP) shows that the world is still not taking enough action to avoid dangerous levels of climate change. Assuming countries deliver on the pledges they have made to reduce their respective emissions, the Emissions Gap Report finds that global GHG emissions in 2020 will still be 18 to 27 percent above where they need to be if warming is likely...
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Climate talks: A Plan D for Durban by Nick Robins, Zoe Knight, Wai-Shin Chan & Katyayini Krishnamoorthy
Global climate strategy needs a new storyline. The original United Nations Framework Convention on Climate Change (UNFCCC) (“Plan A”) was signed almost 20 years ago, but lacked the specifics to drive real action. The Kyoto Protocol aimed to resolve this by curbing emissions from the industrialised world, but the US refused to play its part (Plan B). Just as Kyoto came into effect in 2005, the world was changing, with...
More »Carbon markets essential to save fossil fuels: FICCI by Debasish Roy
Dr. Tishyarakshit Chatterjee, Secretary, Ministry of Environment & Forests (MoEF), recently underlined the need to design carbon markets to address the short-term needs of investors in manufacturing, save fossil fuels for the future and meet the compulsions of environmental probity, sustainability, entrepreneurship and innovation over a long period. Addressing the India Carbon Market Conclave 2011, organized jointly by FICCI and the MoEF, in partnership with The World Bank and the International...
More »Licence to loot by Ravi Sharma
A host of steel-manufacturing units are keen to set up plants in Karnataka, and all want captive mines. SOUTH KOREA'S Posco is not the only steel-maker keen to do business in Karnataka. The State's estimated 9,000 million tonnes of good-quality iron ore reserves, which is the second largest in India, the State government's assurances on a smooth land acquisition process, the availability of water and the promise of speedy regulatory clearances...
More »Climate change challenge for rich and poor by Andrew Hewett
With business leaders and the Australian Government finally acknowledging the need to put a price on carbon, climate change is back on the agenda here in Australia and it's also on the agenda this week internationally. Representatives from countries around the world, including Australia, are assembling in Tianjin, China, as part of a crucially important United Nations Climate Change Conference that starts today. After last year's Copenhagen talks nearly collapsed, the...
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