-The Hindu   In any reasonable reckoning, the outcome of the 17th meeting of the Committee of Parties (COP) of the United Framework Convention on Climate Change at Durban was a triumph for European climate diplomacy, placing it firmly once again in the position of a global climate leader. In the run-up to Durban, Europe had offered to support a second commitment period for the Kyoto Protocol in exchange for a “road...

-The Economic Times   The Durban meet on climate change seems to work out fine for India. The conference has decided on a roadmap to curb emissions of greenhouse-causing gases by both developing and advanced economies; the actual accord is to be firmed up by 2015 and take effect in 2020. The rich, industrialised economies now need to walk the talk and take concrete action to significantly curb their carbon emissions. And...

-IANS   An impassioned speech by Environment Minister Jayanthi Natarajan capped the finale of the UN climate summit that ended here early Sunday with a Durban Package, after she warned that India 'will never be intimidated by any threat or pressure'.   Natarajan's speech ensured that India's main concern - the inclusion of the concept of equity in the fight against climate change - became part of the package.   The package said all countries would...

-The Telegraph   The world’s nations negotiating for years on strategies to combat climate change have agreed for the first time to work towards a new pact that would force all big polluters, including emerging economies such as India and china, to curb their greenhouse gas emission. A UN climate change conference in Durban concluded this morning after negotiators from more than 190 countries agreed to consider a new document that would carry...

French nuclear giant Areva, which is planning to sell India six masssive1650 MWe EPR nuclear reactors for the Jaitapur site in Maharashtra, is facing serious financial difficulties with net losses in 2011 placed at well over €1 billion. Areva's CEO, Luc Oursel, announced drastic job cutbacks and the sale of over €2 billion worth of assets, essentially in the company's uranium mines sector, to offset these losses. Trading in the company's...