-The Business Standard Worryingly, investment in clean energy declines  Global investment in clean energy will decline perceptibly this year for the first time in eight years, signalling an unwarranted complacency in the fight against climate change. A report by Bloomberg New Energy Finance says funding for renewable energy generation in the first three quarters of this year was $164.2 billion, down from last year’s $196.4 billion. The downturn is the steepest at...

-PTI World's largest retailer Wal-Mart today said it is investigating allegations of corrupt practices against it in foreign markets, including India. In March 2011, the US-based company had started a worldwide review of its policies, practices and internal controls for Foreign Corrupt Practices Act (FCPA) compliance. "We have inquiries or investigations regarding allegations of potential FCPA violations in a number of foreign markets where we operate regarding FCPA allegations, including but not...

-AFP Global carbon dioxide missions hit a new record last year at 34 billion tonnes, with China still topping the list of greenhouse gas producers, a German-based private institute said Tuesday. The Renewable Energy Industry Institute (IWR) said that the total amounted to 800 million tonnes more than in 2010, with China accounting for 8.9 billion tonnes -- far more than the US tally of 6.0 billion tonnes. The study found that after...

-The Indian Express How can an overwhelmingly young India be well served by its ageing political leaders? The UPA government has touted its cabinet reshuffle as a much-needed infusion of youth and vibrancy. While it is easy to get caught up in government talking points, the facts speak otherwise: as India’s population is getting younger, its political elites are bucking the trend. India is increasingly exhibiting all the hallmarks of a gerontocracy...

-Business World Wind, water and the sun can help India cut dependence on coal and gas For India, energy security has never seemed more real, more urgent than now. Forty per cent of the country’s 1.2-billion populace is yet to have access to electricity. Even those getting grid supply suffer poor quality of power. Towns see power cuts more than half the day. The country’s energy deficit, according to the Central Electricity...