This has been a hot week for climate talks. The two laggards, China and the US, both departed from their no commitment stand to boldly announce the following: the US to reduce its carbon emissions by 17 per cent over 2005 levels, and China to reduce the intensity (CO2 emissions per unit of output) by 40-45 percent. Europe has already promised a 40 per cent cut in per capita terms....
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Dubai Debt Crisis May Affect Remittances to India, Isaac Says
A financial crisis in Dubai will hurt remittances to India and reduce job opportunities for citizens of the south Asian nation, said Thomas Issac, finance minister of the southern state of Kerala. About 4.5 million Indians live and work in the Gulf region and remit more than $10 billion annually, according to the Ministry of External Affairs annual report for the year ended March 31, 2009. Remittances from the Middle...
More »Global warming report generates heat
An open collision of ideas about global warming at the release of the UNFPA report, “The State of World Population 2009” has generated enough heat to raise the tempers. (See the report’s URL below) While the Minister of Environment and Forests Jairam Ramesh, who released the report in New Delhi, agreed that the women of the world would be forced to bear the disproportionate burden of climate change, he questioned...
More »New UN energy report says 1.5 billion people worldwide live in darkness
With the United Nations climate change summit in Copenhagen just 13 days away, the UN Development Programme (UNDP) has highlighted the need to ensure that the energy needs of developing countries are central to any new climate agreement, after a new report found that almost a quarter of the world’s 6 billion people live without electricity. The majority of the 1.5 billion people who live in the dark are in the...
More »India to Spend $900 Million on Solar by Vishal Bajaj
Ending months of speculation about exactly what it was planning to do to boost the use of renewable sources of energy, India said this week that it will spend about $900 million on solar energy. The Indian cabinet approved a plan on Thursday that sets out to increase energy production from solar technology to 20 gigawatts by 2022, up from six megawatts today. The government will spend about 43 billion rupees...
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