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Fact check: Is natural gas just as responsible as coal for global warming, as Union minister claims? -Divyani Dubey

-Scroll.in In theory, natural gas is 'cleaner' than coal, but while producing the gas a certain amount of methane ( a greenhouse gas) leaks into the atmosphere. RK Singh, the Union Minister for Power, New and Renewable Energy, said on December 5 that natural gas is just as responsible as coal for global warming, if not more. “In COP26 they added a line, they wanted to add… phase-out of coal. But thereafter India...

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Latest Christian Aid report identifies top 10 climate disasters of 2022

-Press released by Christian Aid dated 27 December, 2022 * Study identifies the year’s 10 costliest extreme events influenced by the climate crisis - each caused more than $3 billion in damage. * Report also examines 10 other extreme events that caused massive human and environmental damage, mostly in the poorest countries. * The floods that submerged parts of Pakistan in June displaced 7m people and caused more than $30 billion in estimated...

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Credit growth spurs public lenders’ balance sheets to 10-year high in first half of FY23: RBI report

-The Hindu ‘Commercial banks may have to raise deposit rates more to meet a surge in credit demand; while banks have swiftly transmitted increases to lending rates, deposit rates have been laggards for most’ Under the backdrop of a highly uncertain global environment caused by globalisation of inflation, energy and food shortages, and synchronised tightening of monetary policy worldwide, the Indian economy was exhibiting signs of a gradual strengthening of the growth...

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73 species critically endangered in India, says Centre in Rajya Sabha -Jayashree Nandi

-Hindustan Times The 73 species include nine species of mammals, 18 birds, 26 reptiles and 20 amphibians, according to IUCN criteria. New Delhi: Seventy-three species in India are critically endangered, the Union environment ministry informed the Rajya Sabha citing a report of the International Union for Conservation of Nature (IUCN), up from 47 in 2011. The 73 species include nine species of mammals, 18 birds, 26 reptiles and 20 amphibians, according to IUCN...

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In U.S. actions, the worry of global trade lawlessness -Prabhash Ranjan

-The Hindu The WTO Panel reports are a pointer to the U.S. — the once undisputed trade hegemon — turning away from free trade and moving toward growing protectionism In a significant development in international trade law, four separate World Trade Organization (WTO) Panel reports have ruled that the tariffs of 25% and 10% on steel and aluminium, respectively, that the United States (U.S.) had imposed during the presidency of Donald Trump...

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