Rich and poor countries have to give ground to get a deal in Copenhagen; then they must focus on setting a carbon price AT A time when they are not short of pressing problems to deal with, the presence of 100-odd world leaders at the two-week meeting that starts in Copenhagen on December 7th to renew the Kyoto protocol on climate change might seem a little self-indulgent. There will be oceans...

Basic negotiating point is our low per capita income Between 1990 and 2005, emission intensity went down by 17.6 per cent NEW DELHI: India on Thursday announced 20-25 per cent carbon emission intensity cuts on the 2005 levels by 2020. This would be done through a series of measures including mandatory fuel efficiency standards for all vehicles, a compulsory green building code and switching over to clean coal technology. Following a four-hour...

This small and readable book is a layperson’s introduction to India’s economic catastrophe. Since many people believe in an ongoing economic miracle, such views are often dismissed as doomsday talk. But it is better to be aware of reality than to live in an illusion. The title is apt—Bhaduri offers us an unsettling vision of what awaits us if we continue along the current path. He alerts us to the...

The United Nations predicted today that the world economy would bounce back next year with a global growth rate of 2.4 percent, but warned of a risk of a double-dip recession if the wrong policies are implemented. “We’re not out of the woods yet,” said Rob Vos, Director of Development Policy and Analysis from the Department of Economic and Social Affairs (DESA), ahead of the launch next month of the...

There are now one billion hungry people on the globe, United Nations Secretary General Ban Ki-moon said recently. A statistic that is shameful and shocking at the same time. The global financial crisis too has led to a dramatic rise in hunger across the world. Ban warned that the food crisis is a wake-up call for tomorrow since by 2050 the planet's population will be 9.1 billion people, over two billion more...