-The Economic Times Get ready for an era of widespread droughts, super storms, flash floods, excessive rainfall, high food prices, higher levels of migration and higher outlays to survive extreme weather. The events of the past year make it clear that this is no longer a dire warning. Climate scientists predict extreme weather will become more common in the coming years if the world doesn't act decisively to address climate change. Yet, governments...
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Cabinet nod for tough stand at Doha climate meet -Nitin Sethi
-The Times of India India won't enhance its pledge of reducing emissions intensity of its economy at the Doha round of climate talks, which will be held between November 26 and December 7. The Cabinet on Thursday cleared the red-lines for Union environment minister Jayanthi Natarajan and her team of negotiators for the UN talks. With the European Union (EU) shifting the goal post yet again for ratifying the Kyoto Protocol's second phase...
More »Losing the climate fight
-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...
More »ACs, refrigerators may get more expensive -Nitin Sethi
-The Times of India The cost of air-conditioners and refrigerators could go up considerably starting next summer if the US and other rich countries force a decision at the UN climate talks in November at Doha, to order a global ban on existing refrigerant gases and replace them with costly though relatively more climate-friendly alternatives. One of the alternatives being proposed is produced jointly by DuPont and Honeywell, two US-based multinationals, and...
More »Hint of LPG cap review
-The Telegraph An outcry against the LPG policy at the day-long Surajkund Congress conclave today forced Veerappa Moily to assure the party of some relaxation on the cap of six subsidised cylinders. As most speakers disagreed with the cap and stressed that it could impact the party’s poll fortunes, the petroleum minister said: “We are already examining the matter. I will consult the Prime Minister and the finance minister and see how...
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