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...

-AFP   Asia could be as wealthy as Europe by mid-century, but only if it tackles key challenges from inequality and corruption to climate change, an Asian Development Bank study said Tuesday. On current trends, Asia will make up half the world's economic output by 2050, and another three billion people will have joined the ranks of the affluent, their incomes matching those of Europe today, said the report. But the ADB study...

In the past 50 years or so, we have come face to face with unusual climatic occurrences, weather changes and environmental disasters. These are a corollary of the global pursuit of rapid growth, in particular rapid growth of industrialisation, and very often the mindless and predatory exploitation of natural resources. These have happened across the world, without distinguishing between rich and poor nations... In the increasingly integrated world that we live...

It is the 21st century version of the classic rabbit and tortoise story. Last weekend, a group of cyclists decided to race against Jet-BlueAirlines in Los Angeles when one of its busiest highways was shut down for construction and renovation. To help people get across the town fast, JetBlue started a special flight service. A group of cyclists decided to challenge the airlines to a bikeversus-airlines race. It turned out...

-The Hindu   ‘Will work on full-time basis to evolve more objective standards of scrutiny' Amid criticism that industrialisation and economic growth were getting blocked due to delay in granting “environmental clearances” to industries, Prime Minister Manmohan Singh on Sunday announced the government's plans to set up an independent regulator for giving environmental clearances. “We also hope to establish an independent regulator — the National Environment Appraisal and Monitoring Authority — soon. This...