Referring to China in 1947, Nehru declared, “A new star has risen in the eastern horizon,” and some years later predicted, “If you peer into the future, the obvious fourth country in the world is India.” One of the countries he had in mind has disappeared, and he did not imagine that the emergence of India and China on the global stage would lead to mutual friction. The Chinese are...
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A chill in the boardroom
Business lobbyists complain that a regulatory tsunami is on its way. But some firms are embracing the proposed reforms “WHEN people hear the word regulation, they feel stifled, delayed, and many times they believe that government is being intrusive,” said Hilda Solis, America’s labour secretary, on December 7th as she unveiled plans for 90 new regulatory initiatives to improve the lot of workers. If you doubt her word, try mentioning regulation...
More »Copenhagen - Day 9
Spewing summit The Copenhagen summit will generate more carbon emissions than any previous climate conference, equivalent to the annual output by 2,300 Americans or 660,000 Ethiopians. Delegates, journalists, activists and observers from almost 200 countries have gathered at the December 7-18 summit and their travel and work will create 46,200 tonnes of CO2, most of it from their flights to Copenhagen. This would fill nearly 10,000 Olympic swimming pools. The calculation includes...
More »Walkout at Copenhagen by Jayanta Basu
India, China and 128 other countries briefly walked out of the climate change talks here today in protest against the failure of industrialised countries to make firm commitments on greenhouse gas emission cuts in the years beyond 2012. The walkout by the developing countries followed an exchange between Australian and African delegates at a meeting called to set emission reduction targets for the industrialised countries. Australia refused to make any commitment on...
More »India will not compromise on key principles: Jairam
"Draft treaty can be used as a starting point for further talks" Copenhagen: With climate change talks set to enter the crucial second stage here, India on Sunday rejected points in the draft treaty that wants all countries to cut emissions, agree to a peaking year and subject their mitigation actions to international scrutiny. With the official draft treaty circulated on Friday creating clear divisions among 194 countries, Environment Minister Jairam Ramesh...
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