The silence at Cancun on the future of the Kyoto Protocol has cast a cloud of uncertainty over the emission trading business (carbon credits) in India.Experts are interpreting the situation in different ways, with the overall view being that the emission trading business has to stay in one form or the other, if carbon emissions are to be reduced. However, for now, the $2 billion per year market for Indian...
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No commitments in Cancun Agreement, India's interests 'protected'
The UN climate summit reached the Cancun Agreement here early Saturday - but there was no mention of the extent to which industrialised countries would commit to reduce greenhouse gas (GHG) emissions after 2012, when the Kyoto Protocol's commitment period ends.Nor was there any agreement on a second commitment period of the protocol, only a decision to keep talking about it. The Kyoto Protocol is currently the only legally binding...
More »Climate uncontrolled by Sandip Das
climate change is springing an unpleasant surprise on agriculture in India, catching both farmers and governments unprepared. The erratic and deficit rainfall pattern and rise in temperature in recent years has even forced farmers to change cropping patterns and several areas have been declared drought-hit.Agricultural scientists acknowledge that even a mere one degree increase in average day temperature would adversely impact production of both wheat and rice crops (total annual...
More »CM’s dream: Bihar food on all platters
Chief minister Nitish Kumar dreams big. His latest wish is to boost the agricultural output of the state to such an extent that every person in this nation has at least one food item from Bihar on his or her platter.“I want to take Bihar to the pinnacle. I dream of a day when every people in this nation will have at least one food item in their dish or...
More »Jairam calls for legally binding commitments by Meena Menon
India's position is seen as a move to boost image, but it has little support from allies.India's attempt to be part of a climate change solution was reflected in a major departure from stated policy on Wednesday, when Minister for Environment Jairam Ramesh said all countries must take on binding commitments in an appropriate legal form. He was speaking at the plenary of the high level segment of the United...
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